July 19, 2022
According to estimates from the statistical office of the European Union (Eurostat), in May 2022, seasonally adjusted production in the construction sector increased by 0.4% in the euro area and by 0.8% in the EU, when compared with April 2022. In April 2022, production in construction fell by 1% in the euro area and 1.1% in the EU. Whilst a comparison of May 2022 versus May 2021 revealed that production in construction increased by 2.9% in the euro area and 3% in the EU.
In May 2022, civil engineering in the euro area increased by 2.3% while building construction decreased by 0.3%, relative to April 2022. For the same comparable period, civil engineering in the EU increased by 2.8% and building construction by 0.4%.
Among the Member States for which data are available, the largest month-over-month increases in production in construction were recorded in Sweden (+6.2%), Hungary (+5.9%) and Slovenia (+5.8%). Decreases were observed in Spain (-1.5%) and Finland (-0.6%).
As it relates to the annual comparison, in the euro area civil engineering and building construction increased by 2.5% and 3.1%, respectively. Also, in the EU civil engineering and building construction increased by 3.3% and 3.9%, respectively, year over year.
Among the Member States for which data are available, the largest annual increased in production in construction were observed in Slovenia (+30.2%), Poland (+10.7%) and Hungary (+9.9%). Decreases were recorded in Spain (-8.2%) and Germany (-2.0%).
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