EU: Production in construction down by 2.2% in Euro area

March 19, 2018

Production in the construction sector decreased by 2.2% in the euro area (EA19) and by 2.1% in the EU28, in January 2018 compared with December 2017 according to Eurostat, the statistical office of the European Union. In December 2017, production in construction grew by 0.7% in the euro area and by 1.0% in the EU28.

The fall in monthly production in construction for the January period versus December 2017 was due to building construction falling by 3.1% and civil engineering by 0.9%. In the EU28, the decrease of 2.1% was due to building construction falling by 2.8% and civil engineering by 0.3%.

Among member state, the largest decreases in production in construction were recorded in France (-7.6%), Sweden and the United Kingdom (both -3.4%). The highest increases were observed in Slovenia (+14.4%), Poland (+8.8%) and Hungary (+6.4%).

On an annual basis, January 2017 to January 2018, production in construction increased by 3.7% for the euro area due to civil engineering rising by 9.3% and building construction by 2.0%. In the EU28, the increase of 2.5% is due to civil engineering rising by 8.4% and building construction by 0.9%.

The annual figure for individual member state revealed that the highest increases in production in construction were recorded in Slovenia (+76.0%), Hungary (+43.1%), the Czech Republic (+33.6%) and Poland (+31.8). Decreases were observed in Spain (-3.6%) and the United Kingdom (-3.2%).

                                    Source: Eurostat

More Stories from the Market
shutterstock_453968572
January 23, 2026   Guardian Holdings Limited (GHL) has advised that Mr. Bruce Bowen has resigned as Director of Guardian Holdings Limited e…
shutterstock_453968572
January 23, 2026   United States:   US Consumers Keep Spending Faster Than Incomes Are Growing   US income growth is running furth…
shutterstock_453968572
January 22, 2026   Kintyre Holdings (JA) Limited (KNTYR) has advised that The Chalet, its signature residential development planned for Ben…
shutterstock_453968572
January 22, 2026   NCB Financial Group Limited (NCBFG) has advised that Mr. Bruce Bowen has resigned as director of NCBFG and all relevant …
shutterstock_453968572
January 22, 2026 United States:   US Economy Expanded at Revised 4.4% Pace in Third Quarter   The US economy expanded in the third quarter…
shutterstock_453968572
January 21, 2026   Wigton Windfarm Limited (WIG) has advised that it has successfully concluded the sale of its property located at Lot 28 …
shutterstock_342262439
January 21, 2026   Wigton Windfarm Limited (WIG) has advised that at a meeting of its Board of Directors to be held on January 29, 2026, a …
shutterstock_453968572
January 21, 2026 United States:   US Home-Purchase Applications Climb to Highest Since 2023   US mortgage applications for home purch…