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Sun May 16 2021

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European construction output falls

20 Mar 17 January saw a fall in construction output across the EU.

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The annual comparison between January 2017 and January  2016 showed that output  decreased  by 6.2% in the Euro area  and by 3.3% in the EU28, according to initial estimates from  Eurostat,  the statistical office of the European Union. Comparison of January 2017 and December 2016 showed production down by 2.3% in Euro area  and by 1.5% across the countries of the EU as a whole (EU28).

In December, production in construction had fallen  by 0.6%  in the Euro area compared to November, while it grew by 0.2% in the EU28.

The decrease of 2.3%  in  January  2017, compared with  December 2016, is due to civil engineering falling by 7.7% and building construction by 1.4%. In the EU28, the decrease of 1.5% is due to civil engineering falling by 5.2% and building construction by 0.7%.

Among  member  states  with available  data,  the  largest  decreases  were  recorded  in  Slovenia  (-12.3%),  Belgium  (-4.6%),  Spain  (-3.8%)  and  France  (-3.5%),  while  the  highest increases were observed in Romania (+5.1%), Hungary (+4.6%) and Slovakia (+3.3%).

In terms of the annual comparison, the  decrease  of  6.2%  in  in  the  Euro  area  in  January  2017,  compared  with  January 2016, is due to civil engineering falling by 8.2% and building construction by 5.9%.  In the EU28, the decrease of 3.3% is due to civil engineering falling by 5.7% and building construction by 2.8%.  Among  countries with available data,  the  largest  decreases  were  recorded  in  Belgium  (-18.0%),  Slovakia  (-17.2%),  Spain  (-13.1%)  and  Bulgaria  (-10.3%),  while  the  highest  increases were observed in Hungary (+18.3%) and Sweden (+10.0%).

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MPU

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