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Tue October 19 2021

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European construction output drops again

19 Sep 12 July saw production in construction fall by 0.3% from June’s figures in the Euro area and by 0.2% across the whole EU.

In June, production decreased by 0.6% in the 17 countries of the Euro and and 1.4% in the 27 countries of the EU (EU27). Compared with July 2011, production in July 2012 dropped by 4.7% in the Euro area and by 6.1% in the EU27.

These first estimates are released by Eurostat, the statistical office of the European Union.

Among member states with data available for July 2012, production in construction fell in 10 and rose in five compared with the previous month. The largest decreases were registered in Italy (-2.2%), Spain (-2.1%) and Sweden (-1.1%) and the highest increases in Hungary (+8.7%), Germany (+1.9%), Bulgaria and the Czech Republic (both +1.6%).

Building construction dropped by 0.8% in both the Eurozone and the EU27, after -0.2% and -1.1% respectively in June 2012. Civil engineering rose by 1.1% in the Euro area and by 0.7% in the EU27, after -0.4% and -2.0% respectively in the previous month.

In terms of the annual comparison, production in construction fell in 12 of those with data available and rose in three. The largest decreases were registered in Slovenia (-18.3%), Portugal (-18.2%), Spain (-16.1%) and Italy (-14.2%), and the increases in Hungary (+7.7%), Bulgaria (+3.0%) and Germany (+2.2%).

Building construction declined by 4.6% in the Euro area and by 5.4% in the EU27, after -2.8% and -5.0% respectively in June. Civil engineering decreased by 3.3% in the Euro area and by 8% in the EU27, after -3.5% and -8.4% respectively in the previous month.

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MPU
MPU

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