Euro area construction output down by 0.1 percent in Nov from Oct

Monday, 21 January 2019 15:52:04 (GMT+3)   |   Istanbul
       

According to first estimates released by Eurostat, the Statistical Office of the European Communities, in November last year the seasonally-adjusted production of the construction sector in the European Union member states (EU-28) increased by 0.2 percent compared to October and was up by 1.8 percent compared to the same month of 2017. In October, production in construction fell by 1.1 percent when compared to the previous month.

In the euro area, the seasonally-adjusted production of the construction sector in November increased by 0.9 percent compared to the same month of 2017 and was down by 0.1 percent compared to the previous month. In October, production fell by 1.6 percent compared to September, according to the newly revised data.

Building construction in the EU-28 in November increased by 0.5 percent month on month and was up 0.9 percent year on year, while civil engineering output in the region fell by 0.8 percent from September and increased by 4.8 percent year on year. In the euro area, building construction rose by 0.1 percent month on month and by 0.7 percent year on year, while civil engineering output in the region decreased by 0.2 percent month on month and surged by 2.1 percent year on year.

As compared to November 2017, construction output in November 2018 increased by 27.3 percent in Hungary, by 18.9 percent in Slovenia and by 16 percent in Poland, while it decreased by 4.8 percent in Romania, by 2.6 percent in Sweden, and by 1.9 percent in Germany.

As compared to October, construction output in November last year increased by 4.4 percent in Hungary and Slovenia and by 1.5 percent in France, while construction output decreased by 3.6 percent in the Czech Republic, by 1.7 percent in Germany and 1.5 percent in Portugal.


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