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Eurozone construction output down on month, up on year in October

by ChemOrbis Editorial Team - content@chemorbis.com
  • 27/12/2018 (14:49)
According to the first estimates from Eurostat, the seasonally adjusted production in the region’s construction sector decreased by 1.6% on a monthly basis after increasing for the past 8 months in a row.

The monthly decrease was due to building construction decreasing by 1.9%, while civil engineering fell by 1.3%.

Among Member States, Bulgaria, Slovenia and Slovakia recorded the highest increases of 3.3%, 2.2%, and 1.4%, respectively, while the largest decreases were observed in France by 5.9% and in Italy and Romania by 1.6%, respectively.

In October, production in construction was up by 1.8% in the euro area when compared with the same month of the previous year. The annual increase was attributed to the building construction rising by 1.5% and civil engineering by 2.7%.

Construction output grew by 19.4% in Poland, 18.5% in Hungary and 18.3% in Slovenia in October, while it declined by 4.8% in Romania, 3.3% in Sweden and 2.9% in France, on a yearly basis.
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