Eurozone construction buyers report accelerating downturn in September

Neil Gerrard Senior Editor, Construction Briefing

06 October 2025

The downturn in construction activity worsened in September, according to a regular survey of construction buyers.

The Hamburg Commercial Bank (HCOB) Eurozone Construction Purchasing Managers PMI Total Activity Index fell from 46.7 in August to 46.0 in September (where any score below 50.0 indicates a contraction in activity).

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