Eurozone construction down on month, up on year in May
According to the data, the monthly increase in May 2017 was mainly due to the falls in civil engineering by 0.9% and in building construction by 0.6%. The data also shows that Slovenia, Sweden and Slovakia recorded the largest decreases by 10.6%, 7.1% and 4.9% respectively in the production in construction while Hungary, Bulgaria and Italy posted the largest increases respectively by 7.6%, 3.6% and 2.7% on a monthly basis.
The data reveals that the rise in construction in the eurozone on a yearly basis in May 2017 was mainly driven by an increase of 2.8% in civil engineering and of 2.5% in building construction. Among the member states, Hungary and Bulgaria posted the largest increases in production in construction on a yearly basis by 35.3% and 11.9% respectively while Romania (16.7%), Spain (5.6%) and Slovakia (2.1%) recorded the largest decreases on year.
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