According to first estimates released by Eurostat, the Statistical Office of the European Union, in March this year the seasonally-adjusted production of the construction sector in the European Union member states (EU-27) decreased by 1.9 percent compared to February this year and by 1.2 percent compared to the same month of 2022. In February, production in the construction sector had moved up by 1.4 percent month on month.
In the euro area, the seasonally-adjusted production of the construction sector in March declined by 2.4 percent month on month and by 1.5 percent year on year. In February, production had increased by 1.7 percent month on month.
Building construction in the EU-27 in March moved down by 1.8 percent month on month and by 1.2 percent year on year, while civil engineering output in the region fell by 2.3 percent month on month and by 1.8 percent year on year. In the euro area, building construction was down by 2.4 percent month on month and by 1.3 percent year on year, while civil engineering output in the region fell by 2.3 percent month on month and by 2.2 percent year on year.
As compared to March 2022, construction output in March this year increased by 28.3 percent in Slovenia, by 17.7 percent in Romania, and by 4.2 percent in the Netherlands, while it decreased by 10.3 percent in Slovakia, by 9.8 percent in Hungary, and by 6.1 percent in the Czech Republic.
As compared to February, construction output in March this year increased by 4.1 percent in Romania, by 3.2 percent in Slovenia, and by 1.6 percent in Portugal, while it decreased by 10.9 percent in Austria, by 10.3 percent in Slovakia, and by 4.6 percent in Germany.