Euro area construction output down 0.3 percent in March from February

Monday, 21 May 2018 17:32:38 (GMT+3)   |   Istanbul
       

According to first estimates released by Eurostat, the Statistical Office of the European Communities, in March this year the seasonally-adjusted production of the construction sector in the European Union member states (EU-28) decreased by 0.9 percent compared to February and was down by 1.3 percent compared to the same month of 2017. In February, production decreased by 0.8 percent compared to the previous month.

In the euro area, the seasonally-adjusted production of the construction sector in March decreased by 0.3 percent month on month and rose by 0.8 percent year on year. In February, production decreased by 0.7 percent compared to January, according to the newly revised data.

Building construction in the EU-28 in March declined by one percent month on month and was down 0.8 percent year on year, while civil engineering output in the region decreased by 0.7 percent from February and was down by 4.4 percent year on year. In the euro area, building construction decreased by 0.3 percent month on month and was up 2.4 percent year on year, while civil engineering output in the region declined by 0.2 percent month on month and decreased by 4.2 percent year on year.

As compared to March 2017, construction output in March this year increased by 18.8 percent in Poland, by 17.1 percent in Spain and by 4.9 percent in Slovakia, while it decreased by 10.8 percent in Romania, by 8.1 percent in the UK and by 2.5 percent in France.

As compared to February, construction output in March this year increased by 3.1 percent in Spain, by 2.3 percent in Slovakia and by 1.1 percent in Belgium, while construction output decreased by 10.3 percent in Hungary, by 9.2 percent in Romania and by 2.6 percent in France.


Tags: Europe 

Similar articles

Turkey’s import scrap market moves up in a slow pace

23 Apr | Scrap & Raw Materials

Turkish domestic rebar spot market makes quiet start to week

22 Apr | Longs and Billet

Turkey’s ship scrap prices relatively stable

22 Apr | Scrap & Raw Materials

Turkish consumer confidence up in April from March

22 Apr | Steel News

Turkish metal producers’ foreign sales prices up 6.59 percent in March from February

22 Apr | Steel News

Global View on Scrap: Turkish market seeks direction, demand still weak in Asia

19 Apr | Scrap & Raw Materials

Turkey’s domestic scrap market shows diverse trends

19 Apr | Scrap & Raw Materials

Turkish official merchant bar export prices stable

19 Apr | Longs and Billet

Turkey’s Kocaer establishes subsidiary for international trading

19 Apr | Steel News

Ex-Europe scrap prices in Turkey remain firm, market still mostly silent

18 Apr | Scrap & Raw Materials