The construction confidence indicator in EU improved in September (compared to previous month) to index ‐12.0. The index is the highest since the financial crisis. The indicator is the arithmetic average of the balances (%) for the questions on: order-books and employment expectations. The trend line for lumber import in the largest importing countries in the EU from main exporters is increasing. The import line includes data for June, while the construction indicator goes all the way to September.
The construction confidence indicator in the UK improved clearly in September to a high level compared with after the financial crisis. The construction confidence indicator in Germany and France improved further during the month. The trend for the construction indicator in Germany and France has been increasing for more than a year. The trend line for Germany is at a very high level for Germany.
The construction indicator in the Netherlands worsened marginally in September and is at a very high level. The indicator in Italy was unchanged during the month and the indicator has been stable in recent months. In Spain the indicator worsened to a level that is lower than in 2015. The trend line for the indicator in Spain is decreasing.
The construction confidence indicator in Sweden, Denmark and Belgium improved in September. The indicator for Finland worsened during the month but remains at a high level for Finland.
The construction confidence indicator in Romania improved slightly in September. The indicator in Poland has been relatively stable during the last 18 months. The trend for the construction indicator in Czech Republic worsened during the month and the indicator is at the lowest level since October 2014. The indicator in Hungary improved in September.