Construction News

Sat April 20 2024

Related Information

European construction output slips

20 Oct 16 Construction output fell by 1.3% in August across the 28 countries of the European Union, according to latest figures from the EU statistical office, Eurostat.

click to enlarge
click to enlarge

Production in 19 countries of the Eurozone was down by 0.9% compared to July.

In July 2016, output had grown by 1.5% in the Euro area and by 0.3% in the EU28.

Comparison of August’s figures with the previous year show a fall of 0.5% in the EU28, though output rose by 0.9% in the Euro area.

In the EU28, the monthly decrease of 1.3% is due to civil engineering falling by 1.5% and building construction by 1.2%. Among member states with available data, the largest decreases in production in construction were recorded in Poland (-5.5%), Sweden (-5.4%) and Spain (-3.0%), and the highest increases in Slovakia (+6.7%), Hungary (+4.6%) and Italy (+3.4%)

In terms of the annual comparison, increases in production were recorded in the Netherlands (+13.6%), Sweden (+12.0%), Italy (+4.2%) and France (+2.0%), while the largest decreases were observed in Poland (-21.8%), Slovenia (-14.5%) and Bulgaria (-10.2%).

Got a story? Email news@theconstructionindex.co.uk

MPU
MPU

Click here to view latest construction news »