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Mon May 17 2021

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European construction activity drops

21 Jul 17 Construction output across the 28 countries of the European Union (EU28) dropped by 1.1% in May compared to April, though grew compared to the previous year.

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The drop was slightly less - 0.7% - in the euro area, according to the initial estimates from Eurostat, the statistical office of the European Union.

In April 2017, production in construction had grown by 0.3% in the euro area and by 0.2% in the EU28.

Comparison of the May 2017 figures with May 2016 shows an increase of 2.6% in the euro area and of 2.5% in the EU28.

In terms of the monthly comparison, the decrease of 0.7% in the euro area is due to civil engineering falling by 0.9% and building construction by 0.6%. In the EU28, the decrease of 1.1% was due to both building construction and civil engineering falling by 1.1%.

Among member states with available data, the largest decreases were recorded in Slovenia (-10.6%), Sweden (-7.1%) and Slovakia (-4.9%), and the highest increases in Hungary (+7.6%), Bulgaria (+3.6%) and Italy (+2.7%).

For the annual comparison, the 2.6% increase in the euro area is due to civil engineering rising by 2.8% and building construction by 2.5%. The EU28’s increase of 2.5% is due to building construction rising by 2.9% and civil engineering by 1.6%. The highest increases were recorded in Hungary (+35.3%) and Bulgaria (+11.9%). Decreases were observed in Romania (-16.7%), Spain (-5.6%) and Slovakia (-2.1%).

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