Did you know that there is a version of The Construction Index for the USA? Visit the site No thanks
Follow us on Twitter Follow us on LinkedIn Follow us on Instagram
Daily construction news
Weekly plant news

Construction News

Tue September 26 2017

Related Information
Related Information
Related Information

News » International » European construction output grows as civil engineering picks up » published 21 Apr 2017

European construction output grows as civil engineering picks up

Production in the construction sector grew by 6.9% in the Euro area in February compared to January and by 4.4% across the wider EU (EU28).

click to enlarge Above: click to enlarge

The 6.9% in the Euro area is due to civil engineering rising by 10.1% and building construction by 6.2%. In the EU28, the 4.4% increase comes from civil engineering rising by 5.5% and building construction by 4.0%. However, the figures show UK output falling by 1.6%.

The initial estimates from Eurostat, the statistical office of the European Union, also record that output increased by 7.1% in the Euro area and by 5.2% in the EU28 compared to February 2016.

In January, output had fallen by 2.4% across the 19 countries of the Eurozone (EU19) and by 1.5% in the EU28.

In terms of the month-on-month increase, the highest increases were recorded in Slovenia (+25.7%), Belgium (+18.7%) and Germany (+13.6%), while the largest decreases were observed in Poland (-2.8%), Sweden (-1.8%), and the United Kingdom (-1.6%).

The annual increase of 7.1% in the Euro area in February 2017, compared with February 2016, is due to civil engineering rising by 10.3% and building construction by 6.2%. In the EU28, the increase of 5.2% is due to civil engineering rising by 5.6% and building construction by 4.8%.

Among Member States with available data, the highest increases were recorded in Slovenia (+21.4%), Hungary (+15.1%), Sweden (+13.2%) and Germany (+11.6%), while the largest decreases were observed in Slovakia (-10.6%), the Czech Republic (-5.5%) and Poland (-5.1%).

 

MPU

Download our free construction news iPhone / iPad app. Sign up to our FREE email newsletters or subscribe to our RSS feed for regular updates on the latest Construction News, Plant News, Contract News & Supplier News. The Construction Index also provides the latest Construction Tenders, Construction Market Data & Construction Law Commentary all FREE.

This article was published on 21 Apr 2017 (last updated on 21 Apr 2017).

More News Channels