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Production in Construction up by 0.2% in the Euro Area

August 21, 2018

Production in Construction up By 0.2% in the Euro Area

According to Eurostat, seasonally adjusted production in the construction sector increased in the Euro Area by 0.2% and in EU28 by 0.6% as at June 2018 compared to May 2018. However, in May 2018, construction production reported growth of 0.3% in the Euro Area while EU28 grew by 1.2%. Production in construction however grew by 2.6% in the euro area in June 2018 relative to June 2017, and by 2.7% in the EU28.

Annual comparison by construction sector and by Member State

In June 2018, the 2.6% growth in the production of construction compared with June 2017, was due to a rise in civil engineering by 3.7% and building construction by 2.1%. Additionally,  in the EU28,  building construction rose by 1.8% and civil engineering by 6.2% resulting in the increase of 2.7%.

Countries with the highest increases in construction production included: Hungary (28.3%), Poland (24.2%) and the Czech Republic (8.9%). On the other hand, the only decrease was observed in Bulgaria (-2.9%).

 

 

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

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