Eurozone March construction output down on month, up 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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