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Production in construction fell in both the euro area and EU28 in June 2014

World Cement,


Data released by Eurostat indicates that seasonally adjusted production in the EU28 declined by 0.3% m/m in June 2014, according to first estimates. In the euro area (EA18), construction in production was 0.7% lower than it was in May. The contraction compares to a decrease of 1.4% m/m in both zones in May 2014.

Building construction dropped by 0.9% m/m and 0.3% m/m in the euro area and EU28, respectively, while civil engineering was down by 0.5% and 0.2%. Hungary (-7.5%), Spain (-2.9%), Romania (-2.6%) and Slovakia (-2.3%) experienced some of the largest falls in production in construction. The greatest increases were seen in Poland (+2.7%), Germany (+1.2%), the Czech Republic (+1.1%) and the UK (+1.1%).

In relation to June 2013, production in construction dropped by 2.3% y/y in the euro area due to a 2% and 3.4% fall in building construction and civil engineering, respectively. Meanwhile, a 0.2% decline in building construction and a 2.7% fall in civil engineering led to a 0.5% decrease in production in construction in the EU28. Slovenia (+28.7%), Hungary (+9.8%), Poland (+8%) and Spain (+6.8%) were among the countries that registered the highest growth in production in construction when compared to June 2013. The biggest decreases were in Romania (-13.1%), Portugal (-10.3%), Slovakia (-5%) and the Netherlands (-3.5%).


Adapted from press release by

Read the article online at: https://www.worldcement.com/europe-cis/20082014/production-in-construction-stats-europe-june-2014-333/


 

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