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

by ChemOrbis Editorial Team - content@chemorbis.com
  • 18/11/2016 (17:01)
According to the preliminary data from Eurostat, seasonally adjusted production in the construction sector in the eurozone fell by 0.9% in September month on month while it increased by 1.8% on a yearly basis.

According to the data, the monthly decrease in September 2016 was mainly due to the fall in building construction (1.1%). The data also shows that Italy, Slovakia and Portugal recorded the largest decreases of 3.9%, 3.1% and 2.2% respectively in the production in construction while Slovenia, Poland and Sweden posted the largest increases respectively as 4%, 3.3% and 3.1% on a monthly basis.

The rise in production in construction in the eurozone on a yearly basis was mainly driven by an increase of 3.7% in civil engineering and 1.3% in building construction, the data reveals. Among the member states, Netherlands, Sweden and Spain recorded the largest increases in production in construction on a yearly basis with 7.8%, 6.1% and 3.9% respectively while Slovakia (17.9%), Poland (16.1%) and Hungary (13.2%) recorded the largest decreases year on year.
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