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Eurozone March construction output down on month, up on year

by ChemOrbis Editorial Team - content@chemorbis.com
  • 18/05/2017 (13:47)
According to the data from Eurostat, seasonally adjusted production in the construction sector in the eurozone fell by 1.1% in March month-on-month while it increased by 3.6% year-on-year.

According to the data, the monthly decrease in March 2017 was mainly due to the fall in building construction by 1.7%. The data also shows that France, Sweden and Portugal recorded the largest decreases by 5.1%, 4.5% and 2% respectively in the production in construction while Poland, Slovenia, Slovakia and Hungary posted the largest increases respectively by 9.7%, 6.5%, 3.6% and 3.4% on a monthly basis.

The rise in construction in the eurozone on a yearly basis in March 2017, however, was mainly driven by an increase of 6.8% in civil engineering and 2.7% in building construction, the data reveals. Among the member states, Slovenia, Hungary and Poland recorded the largest increases in production in construction on a yearly basis by 41.5%, 33.2%, 13% respectively while Spain (5%) and Romania (1%) recorded the largest decreases on year.
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