Production in construction falls in both euro area and EU28

Date: February 25, 2019

The euro area (EA19) and the EU 28 reported a decrease in the Seasonally adjusted production in the construction sector by 0.4% and by 0.9% respectively during December 2018 compared with November 2018. In addition, According to Eurostat, “In November 2018, production in construction grew by 0.3% in the euro area and by 0.4% in the EU28. In December 2018 compared with December 2017, production in construction increased by 0.7% in the euro area and by 0.5% in the EU28. The average production in construction for the year 2018, compared with 2017, increased by 1.7% in the euro area and by 2.0% in the EU28.”

Building construction in the EU28 declined 1.3%, while civil engineering remained stable. Building construction fell 0.7% during December 2018 for the euro area, while civil engineering registered a 0.4% increase. The following member states which recorded the largest decreases in production were n Slovenia (-12.4%), Germany (-4.1%) and the United Kingdom (-3.8%). The highest increases were observed in Sweden (+6.2%), Czechia (+3.0%) and Spain (+2.6%).

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2019-02-25T20:55:05+00:00