Eurozone construction output falls in Feb
by ChemOrbis Editorial Team - content@chemorbis.com
According to data released by Eurostat, construction output in the eurozone fell 1.1% on a seasonally adjusted monthly basis in February following a 2.4% rise in January, which was revised down from an initially reported gain of 3.4%. On a yearly basis, meanwhile, construction output rose 2.5% in February after climbing 4.9% a month earlier, which was also revised down from an initially estimated gain of 6.0%.
Among EU member states, the largest monthly gains in construction output were recorded in Romania, Bulgaria and the UK while the largest decreases were observed in France, Sweden and Slovakia.
Among EU member states, the largest monthly gains in construction output were recorded in Romania, Bulgaria and the UK while the largest decreases were observed in France, Sweden and Slovakia.
More free plastics news
Plastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...- March hints at further hikes in European PP, PE markets
- India’s PVC market dips to new lows on Taiwan’s March cuts, players seek signs of bottom
- Q1 turnarounds uplift Mid-East PP, PE markets in February; will it spill over to March?
- SE Asia’s indefinite PE shutdowns: A market in crisis as demand woes threaten survival
- Türkiye’s PPH markets perform better than copolymers in February
- Margin recovery priorities outweigh supply imbalances in European PVC markets
- Asian PVC demand stagnant; recovery hopes shift to end of Q1
- Tough slog in S Korea’s petchem industry spells disappointing 2024 financial results; will government's recent plan help weather the storm?
- China’s PP, PE markets face post-holiday supply surge and tepid demand
- A tug-of-war unfolds in Türkiye as PVC demand struggles against rising costs
