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Euro zone saw an increase in construction in October 2014

Published by
World Cement,


According to first estimates from Eurostat, in October 2014, seasonally adjusted production in the construction sector grew by 1.3% in the euro area (EA18) and by 0.4% in the EU28, compared with September 2014. In September 2014, production in construction fell by 1.0% and 0.3% respectively. In October 2014, compared with October 2013, production in construction grew by 1.4% in the euro area and by 1.5% in the EU28.

The 1.3% increase in production in construction in the euro area in October 2014, compared with September 2014, was attributed to a 1.4 % rise in building construction and 0.3% rise in civil engineering. In the EU28, the 0.4% increase was due to a 0.4% rise in building construction and 0.2% rise in civil engineering. The highest increases in production in construction were observed in Hungary (+4.0%), Italy (+3.2%) and the Netherlands (+2.2%), and the largest decreases were seen in Romania (-6.1%) and the United Kingdom (-2.2%).

The 1.4% rise in production in construction in the euro area in October 2014, compared with October 2013, was attributed to building construction rising by 1.8%, while civil engineering fell by 0.4%. In the EU28, the 1.5% increase was due to building construction rising by 2.3%, while civil engineering fell by 1.5%. The highest increases in production in construction were registered in Hungary (+15.8%), Spain (+13.9%) and Sweden (+10.5%), and the largest decreases in Romania (-11.3%), Portugal (-5.7%), Italy (-4.3%) and Slovakia (-4.2%).


Adapted from press release by Rosalie Starling

Read the article online at: https://www.worldcement.com/europe-cis/19122014/euro-zone-saw-an-increase-in-construction-in-october-2014-45/


 

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