Construction output in Eurozone rebounds in Oct
Eurozone construction output rose 1.3% month over month in October compared with a 1% decrease in September, which was revised downward from an initially reported drop of 1.8%. On a yearly basis, construction output increased 1.4% in October after posting a 2% decrease in September. Building activity rose 1.4% while civil engineering grew by 0.3% in October.
Across the region, the highest yearly increases in construction output were reported in Hungary (+15.8%), Spain (+13.9%) and Sweden (+10.5%) while the largest decreases were seen in Romania (-11.3%), Portugal (-5.7%), Italy (-4.3%) and Slovakia (-4.2%).
More free plastics newsPlastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...
- Spot styrene sharply down in Europe and Asia
- Expectations soften for PP raffia, fibre yet to follow in Turkey
- Will PE supplies from China flock to SEA?
- LDPE, LLDPE highest since Q3 2018; HDPE at 6-month high in Europe
- Intensifying trade war adds to bearishness in China’s local PP, PE markets
- PET prices hit multi-month lows in Asia and Europe
- Rising momentum fizzles out in European PS, ABS markets
- European PVC offers to Turkey shrug off higher costs
- Asian PVC players hold firm expectations for June
- May PP, PE offers to Mid-East, Africa remain stable to firm