Eurozone construction output up in October
According to the data, the monthly increase in October 2016 was mainly due to the rise in building construction (1.3%). The data also shows that Sweden, France and Germany recorded the largest increases by 2.3%, 2.1% and 1.7% respectively in the production in construction while Slovenia, Hungary and Slovakia posted the largest decreases respectively by 6.8%, 3.8% and 3.5% on a monthly basis.
The increase of 2.2% in production in construction in the eurozone on a yearly basis was mainly driven by an increase of 0.2% in civil engineering and 2.7% in building construction, the data reveals. Among the member states, Sweden and the Netherlands recorded the largest increases in production in construction on a yearly basis with 10.1% and 8.2% respectively while Slovakia (22.1%), Poland (18%) and Bulgaria (14%) recorded the largest decreases year on year.
More free plastics newsPlastic resin (PP, LDPE, LLDPE ,HDPE, PVC, GPS; HIPS, PET, ABS) prices, polymer market trends, and more...
- Tightness shapes expectations for Sept PVC pricing in Asia
- PP uptrend falters in Indonesia amid downstream resistance
- Will European PE market sustain uptrend following higher ethylene?
- COVID-19 resurgence weighs on polymer sentiment in Vietnam
- Stats: Turkey’s H1 polymer imports defy pandemic, hit all-time high
- Stats: China’s total PP, PE imports set a new record in H1 2020
- Lackluster demand outweighs tightness in Asian ABS markets
- Will costs drum up support for a 3rd-month-firming in Europe PET market?
- Import PE markets give softening signals in China, SE Asia
- PVC supplies tight, demand robust across Europe