Production in construction down by 1.3% in euro area and by 1.2% in EU

August 23, 2022

According to estimates from the statistical office of the European Union (Eurostat), in June 2022, compared with May 2022, seasonally adjusted production in the construction sector decreased by 1.3% in the euro area and by 1.2% in the EU. In May 2022, production in construction decreased by 0.3% in the euro area, while it rose by 0.1% in the EU. A comparison of June 2022 versus June 2021 revealed that production in construction increased by 0.1% in the euro area and by 0.6% in the EU.

In June 2022, relative to May 2022, civil engineering in the euro area decreased by 1.3% and building construction by 1.2%. For the same comparable period, civil engineering in the EU decreased by 1.4% and building construction by 1.2%.

Among the Member States for which data are available, the largest month over month decreases in production in construction were recorded in Hungary (-5.2%), Slovakia (-5.0%) and Austria (-4.8%). Increases were observed in Slovenia (+1.7%), the Netherlands (+1.0%) and Finland (+0.2%).

As it relates to the annual comparison, civil engineering decreased by 0.2%, while building construction increased by 0.1% in the euro area in June 2022 relative to June 2021. In the EU, civil engineering increased by 0.1% and building construction by 0.8%.

Among the Member States for which data are available, the largest annual decreases in production in construction were observed in Slovenia (+27.2%), Poland and Romania (both +5.9%) and the Netherlands (+4.7%). The largest decreases were recorded in Spain (-10.4%), Hungary (-8.1%) and Austria (-6.8%).

 

Disclaimer:

Analyst Certification – The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer(s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view(s) expressed by that research analyst in this research report.

Company Disclosure – The information contained herein has been obtained from sources believed to be reliable, however its accuracy and completeness cannot be guaranteed. You are hereby notified that any disclosure, copying, distribution or taking any action in reliance on the contents of this information is strictly prohibited and may be unlawful. Mayberry may effect transactions or have positions in securities mentioned herein. In addition, employees of Mayberry may have positions and effect transactions in the securities mentioned herein.

More Stories from the Market
shutterstock_453968572
March 19, 2026   United States: US Jobless Claims Declined Last Week to Lowest Since January     Applications for US unemployme…
shutterstock_193038047
March 18, 2026 Recent indicators point to continued solid growth in U.S. economic activity, although job creation has remained subdued and the un…
shutterstock_453968572
March 18, 2026   Kintyre Holdings (JA) Limited (KNTYR) has advised that it has entered into a binding agreement to acquire 100% of the issu…
shutterstock_453968572
March 18, 2026   Tropical Battery Company Limited (TROPICAL) has advised that it has entered into a partnership with Wright Energy Storage …
shutterstock_148562033
March 18, 2026   138 Student Living Jamaica Limited (138SL) has advised that a senior manager purchased 40,500 138SL shares on March 16, 20…
shutterstock_148562033
March 18, 2026   Caribbean Flavours and Fragrances Limited (CFF) has advised that a Director purchased 495,000 CFF shares on March 7, 2026….
shutterstock_148562033
March 18, 2026   JMMB Group Limited (JMMBGL) has advised of the purchase of 25,000 JMMBGL shares on March 16, 2026, under the Company’s sha…
shutterstock_537598660
March 18, 2026 R.A. Williams Distributors Limited (RAWILL) Unaudited financials for the nine months ended January 31, 2026: R.A. Williams Distr…