European construction fell by 1.8% in September

According to first estimates from Eurostat, in September 2014, seasonally adjusted production in the construction sector fell by 1.8% in the euro area (EA18) and by 0.9% in the EU28, compared with August 2014. In August, production in construction grew by 0.7% in the euro area and remained stable in the EU28. In September 2014, compared with September 2013, production in construction fell by 1.7% in the euro area and by 0.4% in the EU28.

The decrease of 1.8% in production in construction in the euro area in September 2014, compared with August 2014, was attributed to building construction falling by 1.6% and civil engineering by 3%. In the EU28, the decrease is due to building construction falling by 0.8% and civil engineering by 1.3%. The largest decreases in production in construction were seen in Slovenia (-8.6%), Italy (-5.4%), Sweden (-3.2%) and France (-2.3%), and the highest increases in Romania (+7.9%), the Czech Republic (+2.7%) and Bulgaria (+2.4%).

The decrease of 1.7% in production in construction in the euro area in September 2014, compared with September 2013, was attributed to building construction falling by 1.2% and civil engineering by 2.1%. In the EU28, the decrease is due to civil engineering falling by 1.9%, while building construction rose by 0.3%. Decreases in production in construction were observed in Italy (-10.6%), Portugal (-5.2%), France (-3.4%), the Netherlands (-3.1%) and Germany (-1.5%), and the highest increases in Spain (+9.1%), the Czech Republic (+8.2%), Hungary (+7.3%), Slovenia (+6.2%) and Bulgaria (+5.8%).

Adapted from press release by Rosalie Starling

Read the article online at: https://www.worldcement.com/europe-cis/20112014/european-construction-fell-by-1-8-percent-in-september-887/