Euro area construction output up 0.1 percent in December from November

Tuesday, 20 February 2018 17:07:06 (GMT+3)   |   Istanbul
       

According to first estimates released by Eurostat, the Statistical Office of the European Communities, in December last year the seasonally-adjusted production of the construction sector in the European Union member states (EU-28) increased by 0.6 percent compared to November and rose by 1.5 percent compared to the same month of 2016. In November, production increased by 0.5 percent compared to the previous month.

In the euro area, the seasonally-adjusted production of the construction sector in December increased by 0.1 percent month on month and rose by 0.5 percent year on year. In November, production fell 0.2 percent compared to October, according to the newly revised data.

Building construction in the EU-28 in December rose by 0.5 percent month on month and was up 1.5 percent year on year, while civil engineering output in the region increased by 1.5 percent from November and was up by 1.8 percent year on year. In the euro area, building construction increased by 0.5 percent month on month and was up 1.4 percent year on year, while civil engineering output in the region declined by 1.1 percent month on month and decreased by 2.6 percent year on year.

As compared to December 2016, construction output in December last year increased by 35.0 percent in Hungary, by 21.2 percent in Slovenia and by 18.3 percent in Poland, while a decrease of 13.4 percent was registered in Spain and a drop of 4.1 percent was seen in Bulgaria.

As compared to November, construction output in December this last year increased by 4.5 percent in Romania, by 4.2 percent in France and by 3.9 percent in Hungary, while construction output decreased by 5.5 percent in Spain and by three percent in Bulgaria.

 


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