The price expectations in the construction sector of the European Union had been increasing after dropping sharply during the start of the COVID-19 pandemic in 2020. In April 2022, the index reached a peak value of over 49, which indicates that most respondents expected the price to keep rising. However, price expectations in the sector have been falling again during the past months.
Construction price expectations index in the next three months in the European Union (EU-27) from January 2007 to May 2024
Seasonally adjusted; more information about the indicator on the "Details" tab.
Supplementary notes
These figures show the share of respondents that had negative, neutral, or positive expectations for the construction industry measured against each other. That means that if 60% of respondents had negative expectations, and 40% of them had positive expectations, the indicator would be calculated as the balance of these two figures: Balance = 40% - 60%. This would result in a value of around -20, given that there were 20% more respondents with negative expectations.
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Eurostat. (May 30, 2024). Construction price expectations index in the next three months in the European Union (EU-27) from January 2007 to May 2024 [Graph]. In Statista. Retrieved October 15, 2024, from https://www.statista.com/statistics/1332923/price-expectations-in-the-construction-sector-eu/
Eurostat. "Construction price expectations index in the next three months in the European Union (EU-27) from January 2007 to May 2024." Chart. May 30, 2024. Statista. Accessed October 15, 2024. https://www.statista.com/statistics/1332923/price-expectations-in-the-construction-sector-eu/
Eurostat. (2024). Construction price expectations index in the next three months in the European Union (EU-27) from January 2007 to May 2024. Statista. Statista Inc.. Accessed: October 15, 2024. https://www.statista.com/statistics/1332923/price-expectations-in-the-construction-sector-eu/
Eurostat. "Construction Price Expectations Index in The next Three Months in The European Union (Eu-27) from January 2007 to May 2024." Statista, Statista Inc., 30 May 2024, https://www.statista.com/statistics/1332923/price-expectations-in-the-construction-sector-eu/
Eurostat, Construction price expectations index in the next three months in the European Union (EU-27) from January 2007 to May 2024 Statista, https://www.statista.com/statistics/1332923/price-expectations-in-the-construction-sector-eu/ (last visited October 15, 2024)
Construction price expectations index in the next three months in the European Union (EU-27) from January 2007 to May 2024 [Graph], Eurostat, May 30, 2024. [Online]. Available: https://www.statista.com/statistics/1332923/price-expectations-in-the-construction-sector-eu/