Euro area construction output up by three percent in February

Tuesday, 23 April 2019 11:36:39 (GMT+3)   |   Istanbul
       

According to first estimates released by Eurostat, the Statistical Office of the European Communities, in February this year the seasonally-adjusted production of the construction sector in the European Union member states (EU-28) increased by 2.3 percent compared to January and was up by 4.9 percent compared to the same month of 2017. In January, production in construction grew by 0.6 percent when compared to the previous month.

In the euro area, the seasonally-adjusted production of the construction sector in February increased by 5.2 percent compared to the same month of 2018 and was up by three percent compared to the previous month. In January, production fell by 0.8 percent compared to December, according to the newly revised data.

Building construction in the EU-28 in February rose by 1.5 percent month on month and was up by 3.2 percent year on year, while civil engineering output in the region increased by 5.7 percent from January and increased by 12.8 percent year on year. In the euro area, building construction increased by 2.1 percent month on month and by 3.3 percent year on year, while civil engineering output in the region increased by 6.4 percent month on month and surged by 11.9 percent year on year.

As compared to February 2018, construction output in February 2019 increased by 48.1 percent in Hungary, by 40.3 percent in Slovenia and by 15.1 percent in Poland, while it decreased by 4.7 percent in Spain, and by 0.5 percent in France.

As compared to January, construction output in February this year increased by 11.9 percent in Slovenia, by 9.8 percent in Romania and by seven percent in Poland, while construction output decreased by 0.9 percent in Spain, by 0.5 percent in the Czech Republic and 0.3 percent in Finland.

 


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