Eurozone’s construction buyers maintain gloomy outlook

Neil Gerrard Senior Editor, Construction Briefing

06 August 2026

Sentiment among European construction buyers remained firmly in negative territory in July, even as the rate of contraction in construction activity softened.

The latest S&P Global Eurozone Construction Purchasing Managers’ Index (PMI) recorded the slowest rate of decline in activity for four months in July but it remained historically sharp.

S&P Global’s index rose from 42.8 (where any score lower than 50.0 indicates a contraction) to 44.3 in July.

All three of…

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