Confidence slipping in Europe’s construction sector

Mike Hayes Consultant Editor, Construction Europe / KHL Content Studio

06 September 2022

In its latest EU Construction Outlook report, economic and financial analyst ING notes construction output overall for June was 2.3% lower than in February.

Specifically, the report highlights significant declines in output for Austria (-6.3%) and Germany (-4.5%), where labour and materials shortages are hitting the construction industry hard.

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