Euro area construction output up 0.8% in October from September

Monday, 19 December 2016 17:32:02 (GMT+3)   |   Istanbul
       

According to first estimates released by Eurostat, the Statistical Office of the European Communities, in October this year the seasonally-adjusted production of the construction sector in the European Union member states (EU-28) increased by 0.4 percent compared to September and rose by 1.1 percent compared to the same month of 2015. In September, production diminished 0.1 percent compared to the previous month.
                
In the euro area, the seasonally-adjusted production of the construction sector in October increased by 0.8 percent month on month and moved up by 2.2 percent year on year. In September, production had fallen by 0.8 percent compared to August, according to the newly revised data.
 
Building construction in the EU-28 in October increased by one percent month on month and was up 2.6 percent year on year, while civil engineering output in the region decreased by 2.4 percent from September and was down by five percent year on year. In the euro area, building construction increased by 1.3 percent month on month and was up 2.7 percent year on year, while civil engineering output in the region narrowed by 1.2 percent month on month and grew by 0.2 percent year on year.
 
As compared to October 2015, construction output in October this year increased by 10.1 percent in Sweden and by 8.2 percent in the Netherlands, while a decrease of 22.1 percent was registered in Slovakia, a decline of 18 percent was seen in Poland and a fall of 14 percent was recorded in Bulgaria.
 
As compared to September, construction output in October this year increased by 2.3 percent in Sweden, by 2.1 percent in France and by 1.7 percent in Germany, while construction output decreased by 6.8 percent in Slovenia, by 3.8 percent in Hungary and by 3.5 percent in Slovakia.

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