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European construction rises 1%

20 Feb 14 Construction output in the Eurozone rose by 0.9% in December compared with November and by 1% across all 28 countries of the EU.

In November, production in construction had fallen by 0.2% and 0.8% respectively.

The new December estimates from Eurostat, the statistical office of the European Union, show that production in construction declined by 0.2% in the Euro area compared to the previous December 2012, but rose by 0.8% in the EU28.

Average production in construction for 2013 dropped by 2.9% in the Eurozone and by 2.2% in the EU28.

Among the member states with available for December 2013, production in construction rose in nine and fell in six. The highest increases were observed in the Czech Republic (+6.0%), France (+4.5%) and Slovakia (+2.9%), and the largest decreases in Slovenia (-17.2%), Poland (-4.1%) and Spain (-3.3%).

Building construction grew by 0.6% in the Euro area and by 0.7% in the EU28, after -0.7% and -1.0% respectively in November 2013. Civil engineering gained 3.8% in the Eurozone and 3.5% in the EU28, after +1.1% and -0.7% respectively in the previous month.

In terms of the annual comparision, construction output fell in five and rose in 10 of the member states with data available for December 2013. The largest decreases were registered in Portugal (-14.1%), Italy (-8.8%) and Spain (-4.7%), and the highest increases in Hungary (+11.5%), Slovakia (+9.2%) and the UK (+6.8%).

Building construction dropped by 0.9% in the Euro area, but increased by 0.1% in the EU28, after -1.3% and -0.8% respectively in November 2013. Civil engineering rose by 1.7% in the Eurozone and by 2.3% in the EU28, after -2.6% and -3.7% respectively in the previous month.

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MPU
MPU

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