Euro area construction output up 0.5 percent in November from October

Tuesday, 23 January 2018 15:27:21 (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 0.6 percent compared to October and rose by 2.7 percent compared to the same month of 2016. In October, production fell 0.5 percent compared to the previous month.

In the euro area, the seasonally-adjusted production of the construction sector in November increased by 0.5 percent month on month and rose by 2.7 percent year on year. In October, production fell 0.3 percent compared to September, according to the newly revised data.

Building construction in the EU-28 in November rose by 0.8 percent month on month and was up 3.3 percent year on year, while civil engineering output in the region decreased by 0.3 percent from October and was up by 1.1 percent year on year. In the euro area, building construction increased by 0.3 percent month on month and was up 2.7 percent year on year, while civil engineering output in the region rose by 1.1 percent month on month and rose by three percent year on year.

As compared to November 2016, construction output in November last year increased by 30.7 percent in Hungary, by 21.2 percent in Slovenia and by 16 percent in Poland, while a decrease of 4.1 percent was registered in Romania and a drop of 0.2 percent was seen in France.

As compared to October, construction output in November this last year increased by 3.2 percent in Poland and by 2.2 percent in Slovenia and by 1.8 percent in the Netherlands, while construction output decreased by 1.5 percent in Hungary and by 0.6 percent in France.


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