101st Euroconstruct Conference: European Construction Market Outlook until 2028 – Europe's Construction Sector Continues to Recover but More Slowly than Expected. Country Reports

On 6 June 2026, Euroconstruct presented its summer forecast on European construction markets towards 2028 at its 101st conference. The outlook for the European construction sector remains cautiously positive, though growth is now forecast to be slower than projected in November 2025. The conflict involving Iran and instability in the Strait of Hormuz are exerting upward pressure on energy prices, inflation, and interest rates, dampening construction demand. Regional divergence remains pronounced. The strongest growth for 2025-2028 is forecast in Ireland, Poland, the UK, and Portugal; the weakest in Slovakia, Italy, and Belgium. Ireland leads, supported by robust public investment and sustained demand, while Poland shows strong medium-term growth despite slight downward revisions. Spain and Portugal benefit from broad-based gains across both building and civil engineering. Countries like Germany, France and Italy continue to face weak housing demand, elevated costs, and constrained financing. The Euroconstruct Country Report provides detailed information on construction market trends and fundamentals in each of the 19 Euroconstruct member countries until 2028. The forecasts and analysis are presented at country level and are based on a comparable, harmonised data set for the main construction sectors and indicators. The macroeconomic outlook is also included. With contributions from Anne-Sophie Alsif, Marie Bydžovská, Arthur Cluet, Ludwig Dorffmeister, Josep R. Fontana, János Gáspár, Roch-Eloi Grivet, James Ison, Michael Klien, Radovan Kostelník, Nathalie Kouassi, Jean-Pierre Liebaert, Vladimír Lenko, Lasse Lundqvist, Nejra Macic, Mark Melles, Rui Trigo de Morais, Amy Mulligan, Antonio Mura, Mårten Pappila, Markku Riihimäki, Robin Rich, Lorenzo Rodriguez-Fernandez, Stefanie Siegrist, Mariusz Sochacki, Rebecca Snow, Antonella Stemperini, Mercedes Tascedda, Ludvig Uggla, Michael Weingärtler.