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Thu March 28 2024

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EU construction output slips

19 Feb 15 Construction output across the EU fell by 0.5% in December compared with November, with a fall of 0.8% in the Eurozone.

The figures from Eurostat, the statistical office of the European Union, also show that December’s production in the Eurozone was down by 3.5% compared to December 2013 and by 0.5% across all 28 countries of the EU (EU28).

Average production in construction for the year 2014, compared with 2013, increased by 2.0% in the Euro area and by 3.0% in the EU28.

The monthly decrease of 0.8% in production in construction in the Eurozone was due to building construction falling by 1.0%, while civil engineering grew by 1.7%. In the EU28, the decrease of 0.5% is due to building construction falling by 0.9%, while civil engineering grew by 2.6%.

Among member states with data are available, the largest decreases were observed in Hungary (-6.5%), the Czech Republic (-3.3%) and Germany (-2.9%), and the highest increases in Romania (+7.2%), Italy (+2.3%) and Poland (+1 .0%).

In terms of the annual comparison, the decrease of 3.5% in production in construction in the Eurozone is due to building construction falling by 4.7%, while civil engineering grew by 1 .4%. In the EU28, the decrease of 0.5% is due to building construction falling by 1 .6%, while civil engineering grew by 3.8%.

Among member states with data are available, the largest decreases in production in construction were registered in Slovakia (-9.8%), the Czech Republic (-7.8%), France (-7.5%), Italy (-5.2%) and Germany (-4.7%), and the highest increases in Romania (+15.0%), Sweden (+9.4%), Poland (+4.8%), the United Kingdom (+4.7%) and Slovenia (+4.6%).

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MPU
MPU

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