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Eurozone construction output picks up in July

by ChemOrbis Editorial Team - content@chemorbis.com
  • 17/09/2015 (15:43)
According to data released by Eurostat, construction output in the eurozone posted an increase of 1% in July following a decrease of 1.2% in the previous month. The July figure was the largest increase seen since August 2014. On a yearly basis, meanwhile, construction output rose 1.8% after decreasing 1.3% in the previous month.

The data showed that construction output in the building sector climbed 0.9% on the month in July while civil engineering also expanded by 1% from a month earlier.

Among EU member states, the highest monthly gains in construction output were recorded in Sweden (+4.2%), Germany (+3.2%) and Poland (+2.2%) while the largest decreases were seen in Hungary (-3.0%), Slovenia (-2.8%) and the UK (-1.3%).
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