Leading indicators show Eurozone construction struggling as activity and new orders weaken across segments.
Construction down -0.6% m-o-m in August (2.8% y-o-y); Buildings down -0.4% m-o-m (3.1% y-o-y); Civil works down -1.4% m-o-m (0.7% y-o-y). The IHS Markit Eurozone Construction PMI declined for the sixth straight month in October to 44.9 (< 50, contraction).