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Construction production stable in eurozone

Nathan North 20 August 2019

Nathan North

Deputy editor

+48 22 356 25 22

Nathan is responsible for the English section of the magazine. Nathan was born in Manchester in the UK and completed a master’s degree in philosophy at the University of London. As well being responsible for editing the English section of ‘Eurobuild CEE’ magazine, he also contributes news from around Central Europe and articles on the investment and industrial markets and on architecture. In his free time he likes playing piano, drawing and cooking.

Construction production stable in eurozone
A ten-year view of EU production in construction volumes (source: Eurostat)

EUROPE Production in construction remained unchanged in the euro area (EA19) over June, but was down by 0.3 pct across the entire EU (EU28) compared with May 2019, according to the first estimates by Eurostat, the EU’s statistical office.

Compared with June 2018, there was a 1 pct increase the euro area in production in construction and a 0.6 pct growth in the EU28. I n May 2019, there was a monthly fall of 0.5 pct in the EA19 and of 0.4 pct in the EU28. In the euro area there was a month-on-month increase in building construction of 0.3 pct in June, while civil engineering decreased by 0.5 pct. While in the EU28, civil engineering fell by 0.5 pct and building construction by 0.2 pct over the month. Annually, building construction increased by 1.5 pct and civil engineering by 0.8 pct in the euro area.

Among the member states for which figures are available, the largest monthly decreases in production in construction in June were recorded in Slovenia (-6.7 pct), Romania (-2.8 pct) and Portugal (-1.4 pct). The greatest monthly increases were in Hungary (1.7 pct), France (1.2 pct) and the Czech Republic (1 pct).

The highest y-o-y increases in production in construction were seen in Romania (23.3 pct), Hungary (20.2 pct) and Slovenia (5.5 pct), while decreases were recorded in Slovakia (-2.1 pct), the UK (-2 pct), Sweden (-0.9 pct) and Belgium (-0.3 pct).

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