Euroconstruct forecasts gradual recovery in European construction

After two consecutive years of contraction, Europe’s construction industry is moving toward a gradual recovery, according to Euroconstruct. The outlook, set out in the organisation’s Winter 2025 Summary and Country Reports, suggests the sector is entering a phase of “cautious stabilisation” rather than a rapid rebound. Euroconstruct says that Europe’s economic fundamentals remain mixed. While interest rates have begun to ease and inflationary pressures have moderated across much of the region, construction activity continues to face substantial constraints. High building costs, affordability pressures, subdued private investment and persistent macroeconomic uncertainty continue to weigh on overall activity ...