Market news
19.02.2019, 10:38

Eurozone Construction Output increased 0.7% in December

Аccording to first estimates from Eurostat, in December 2018 compared with December 2017, production in construction increased by 0.7% in the euro area and by 0.5% in the EU28.

In December 2018 compared with November 2018, seasonally adjusted production in the construction sector decreased by 0.4% in the euro area (EA19) and by 0.9% in the EU28. In November 2018, production in construction grew by 0.3% in the euro area and by 0.4% in the EU28.

The average production in construction for the year 2018, compared with 2017, increased by 1.7% in the euro area and by 2.0% in the EU28.

In the euro area in December 2018, compared with November 2018, building construction fell by 0.7%, while civil engineering rose by 0.4%. In the EU28, building construction fell by 1.3%, while civil engineering remained unchanged.

In the euro area in December 2018, compared with December 2017, civil engineering rose by 5.2%, while building construction fell by 0.6%. In the EU28, civil engineering rose by 5.1%, while building construction fell by 0.9%.

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