IMPORTANT NOTICE | Mayberry Investments Limited is a cashless institution.

Mayberry Investments Limited is a cashless institution.
Please note that cash deposits into any Mayberry account held at commercial banks, whether made in-branch or via Automated Banking Machines (ABMs), are not accepted and will not be processed. For information on accepted payment methods, please contact your Investment Advisor.

Construction Production Up By 0.3% in the Euro Area

July 19, 2018

According to Eurostat, seasonally adjusted production in the construction sector increased in the Euro Area by 0.3% and in EU28 by 1.2% as at June 2018 compared to May 2018. However, in April 2018, construction production reported growth of 1.4% in the Euro Area while EU28 grew by 0.8%.

Annual comparison by construction sector and by Member State

In May 2018, 0.3% growth in the production of construction compared with April 2018, was due to a rise in civil engineering by 0.4% and building construction by 0.2%. Additionally,  in the EU28,  building construction rose by 1.2% and civil engineering by 1.1% resulting in the increase of 1.2%.

Countries with the highest increases in construction production included: Slovenia (+30.3%), Poland (+23.3%) and Hungary (+15.2%). On the other hand, decreases were observed in France (-4.1%) and Bulgaria (-0.4%).

 

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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