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Production in construction fell by 1.6% y/y in the EU28 in November

World Cement,


Eurostat has released estimated production data for the construction sector in the euro area and in the EU28 in November 2013. Production levels were 1.7% and 1.6% lower than the corresponding month in 2012 in the euro area and EU28, respectively. Compared to October 2013, first estimates indicate a fall of 1.1% in the euro area and 0.3% in the EU28. Building construction declined by 1.1% m/m and 1.4% y/y in the euro area in November 2013, and was down 1.4% both m/m and y/y in the EU28.

When compared to November 2012, the EU Member States that experienced the biggest declines in production were Portugal at 13%, Italy at 10.8% and the Czech Republic at 8.3%. The three countries that registered the highest y/y growth were Slovenia, Hungary and Sweden at 30.7%, 18.9% and 5.9%, respectively.

When comparing the figures month-on-month with October 2013, the Czech Republic, Romania and the UK saw production levels fall 5.6%, 4.9% and 4%, respectively. Slovenia, Poland and Hungary experienced the greatest m/m improvement.

Adapted from press release by

Read the article online at: https://www.worldcement.com/europe-cis/21012014/european_-construction_statistics_624/


 

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