Growth in European construction sector forecast to slow in the next two years

Growth in European construction sector forecast to slow in the next two years
    European construction output is forecasted to increase by less than 2% in 2019, and by less than 1.5 percentage points within the next two-year period. The leading market in the next three year period will be infrastructure. It is expected to sustain the European construction market with an average annual growth of more than 3%, compared to weaker performing building sector (+1%).    Total construction output in the Euroconstruct area grew by 3.1% in 2018, and so slightly better than expected six months ago. On the other hand, the outlook ...

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