February data from IHS Markit pointed a faster rise in eurozone construction activity following January's slowdown. The solid increase was driven by upturns in commercial and infrastructure activity, as well as a stronger expansion in housing activity. Accordingly, there were quicker increases in both employment and purchasing activity. Meanwhile, input price inflation accelerated to its fastest since March 2012.

Rising from 50.6 in January to 52.6 in February, the Eurozone Construction PMI signalled an acceleration in activity growth at eurozone construction firms.

At the national level, this was supported by a sharp rise in Germany and a return to expansion in France. Italian firms, however, saw the rate of increase ease for the fourth month in a row.