EU construction output declines, permits rise in Cyprus — Cyprus Mail
The number of building permits is rising in Cyprus, while seasonally adjusted construction output in the European Union fell by 0.3% in July compared with June. In the euro area, the indicator remained unchanged, Cyprus Mail reports, citing preliminary Eurostat estimates.
Construction trends in the EU
In June, the decline was more pronounced: construction output decreased by 1.3% in the EU and by 1.5% in the euro area. Year on year, compared with July 2025, the indicator fell by 1.8% in the EU and by 2% in the euro area.
In EU countries, construction of buildings declined by 0.4% in July, civil engineering by 0.9%, and specialised construction activities by 0.2%. In the euro area, construction of buildings remained unchanged, civil engineering increased by 0.6%, and specialised construction activities fell by 0.1%.
The largest monthly declines were recorded in Hungary, down 4.7%; Poland and Sweden, down 3.8% each; and Austria, down 2.2%. The highest growth rates were posted by Belgium, at 2.8%, Czechia, at 2.1%, and Slovakia, at 1.9%.
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Permits and prices in Cyprus
Eurostat did not provide a comparable monthly construction-output figure for Cyprus for July. At the same time, Cyprus’s Statistical Service, Cystat, reported that 735 building permits were issued in May, 21.1% more than a year earlier. They covered 352,126 square metres of area and 1,847 residential units.
During the first five months of 2026, 3,650 permits were issued in Cyprus, 32.1% more than in the same period of 2025. Their total value rose by 43.9% to €2.10 billion, while the authorised area increased by 43.1% to 1.70 million square metres. The number of planned residential units rose by 63.7% to 8,978.
Cyprus’s construction materials price index rose by 3.39% year on year in August and by 0.07% compared with July. Cystat plans to publish construction-output and producer-price indices for the second quarter of 2026 on 5 October.
