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Mon August 03 2020

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European construction back in growth

19 Dec 14 October’s production in construction was up by 1.3% in the Eurozone and by 0.4% across all 28 countries of the EU (EU28) compared with September.

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The rises follow falls of 1% and 0.3% respectively. In terms of annual comparisons, output grew by 1.4% in the Euro area and by 1.5% across the EU28 countries.

The monthly increase of 1.3% in the Eurozone was due to building construction rising by 1.4% and civil engineering by 0.3%. In the EU28, the increase of 0.4% came from building construction rising by 0.4% and civil engineering by 0.2%. Among member states with data available, the highest increases were observed in Hungary (+4.0%), Italy (+3.2%) and the Netherlands (+2.2%), and the largest decreases in Romania (-6.1%) and the UK (-2.2%).

The annual increase of 1.4% in the Euro area for October 2014 compared with October 2013 was due to building construction rising by 1.8%, while civil engineering fell by 0.4%. In the EU28, the increase of 1.5% arose from building construction rising by 2.3%, while civil engineering fell by 1.5%. The highest increases were registered in Hungary (+15.8%), Spain (+13.9%) and Sweden (+10.5%), and the largest decreases in Romania (-11.3%),Portugal (-5.7%), Italy (-4.3%) and Slovakia (-4.2%).

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MPU
MPU

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