Eurozone construction output rises in Apr
by ChemOrbis Editorial Team - content@chemorbis.com
According to the preliminary data from Eurostat, seasonally adjusted production in the construction sector in the eurozone rose by 0.3% in April month-on-month and by 3.2% on a yearly basis.
According to the data, the monthly increase in April 2017 was mainly due to the rise in building construction by 0.7%. The data also shows that Sweden, France and Czech Republic recorded the largest increases by 3.8%, 3.5% and 1.6% respectively in the production in construction while Romania, Italy and Hungary posted the largest decreases respectively by 7.7%, 4.1% and 2.6% on a monthly basis.
The data reveals that the rise in construction in the eurozone on a yearly basis in April 2017 was mainly driven by an increase of 3.3% in building construction and of 2.5% in civil engineering. Among the member states, Slovenia, Hungary and Sweden posted the largest increases in production in construction on a yearly basis by 27.8%, 22% and19.8% respectively while Romania (18.4%), Italy (4.6%) and the UK (3.4%) recorded the largest decreases on year.
According to the data, the monthly increase in April 2017 was mainly due to the rise in building construction by 0.7%. The data also shows that Sweden, France and Czech Republic recorded the largest increases by 3.8%, 3.5% and 1.6% respectively in the production in construction while Romania, Italy and Hungary posted the largest decreases respectively by 7.7%, 4.1% and 2.6% on a monthly basis.
The data reveals that the rise in construction in the eurozone on a yearly basis in April 2017 was mainly driven by an increase of 3.3% in building construction and of 2.5% in civil engineering. Among the member states, Slovenia, Hungary and Sweden posted the largest increases in production in construction on a yearly basis by 27.8%, 22% and19.8% respectively while Romania (18.4%), Italy (4.6%) and the UK (3.4%) recorded the largest decreases on year.
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
