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

Mon December 05 2016

Related Information
Related Information
Related Information
Related Information

News » International » European construction output rises » published 21 Sep 2016

European construction output rises

Construction output rose 1.8% in the Eurozone in July compared by June and grew by 1.1% across all 28 countries of the EU (EU28).

click to enlarge Above: click to enlarge

The initial estimates from Eurostat, the statistical office of the European Union also found that construction grew by 3.1% in the Euro area and by 1.0% in the EU28 when compared to the previous year.

The increase of 1.8% in production in construction in the Euro area in July 2016, compared with June 2016, is due to building construction rising by 2.2% and civil engineering by 0.4%. In the EU28, building construction rose by 1.3% and civil engineering by 0.9%.

Among Member States with available data, the highest increases in production in construction were recorded in France (+4.8%), Slovenia (+2.0%), Spain (+1.9%) and Germany (+1.8%), and the largest decreases in Slovakia (-11.0%), Hungary (-3.2%) and Bulgaria (-1.4%).

In terms of the annual comparison, the increase of 3.1% in the Euro area is due to building construction rising by 3.2% and civil engineering by 2.9%. In the EU28, the increase of 1.0% is due to building construction rising by 1.8%, while civil engineering fell by 2.7%. The highest increases in production in construction were recorded in Spain (+12.0%), Sweden (+10.0%) and France (+3.3%), while the largest decreases were observed in Slovakia (-23.3%), Hungary (-17.6%) and Poland (-15.1%).

 

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 Sep 2016 (last updated on 21 Sep 2016).

More News Channels