Eurozone construction output rises by 1.2% in Nov
by ChemOrbis Editorial Team - content@chemorbis.com
According to data obtained from Eurostat, seasonally adjusted production in the euro area’s construction sector rose by 1.2% in November when compared to October 2020, marking the second month of expansion in the sector.
The monthly increase was mainly attributed to civil engineering increasing by 3% and building construction by 0.7%.
Among the Member States, the highest increases in production in construction were recorded in Slovenia (12.2%), Hungary (12%) and Slovakia (7%). The largest decreases were observed in Romania (4.9%), Spain (1.4%) and Belgium (0.9%).
In contrast, production in construction was down by 1.3% from November 2019.
Annual comparison showed that building construction fell by 1.6% while civil engineering increased by 0.4% in November.
The highest yearly decreases were observed in Spain (13.1%), Belgium (9.3%) and Slovakia (8.8%), while the largest increases were recorded in Slovenia (18.4%), Romania (9.3%) and Hungary (5.1%).
The monthly increase was mainly attributed to civil engineering increasing by 3% and building construction by 0.7%.
Among the Member States, the highest increases in production in construction were recorded in Slovenia (12.2%), Hungary (12%) and Slovakia (7%). The largest decreases were observed in Romania (4.9%), Spain (1.4%) and Belgium (0.9%).
In contrast, production in construction was down by 1.3% from November 2019.
Annual comparison showed that building construction fell by 1.6% while civil engineering increased by 0.4% in November.
The highest yearly decreases were observed in Spain (13.1%), Belgium (9.3%) and Slovakia (8.8%), while the largest increases were recorded in Slovenia (18.4%), Romania (9.3%) and Hungary (5.1%).
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