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February 2015: Production in construction down 1.8% in euro area

Published by
World Cement,


According to first estimates from Eurostat, the statistical office of the European Union, in February 2015 seasonally adjusted production in the construction sector fell by 1.8% in the euro area (EA19) and by 1.2% in the EU28 compared to January 2015. In January 2015, production in construction increased by 1.6% and 0.6% respectively. Year-on-year, production in construction fell by 3.7% in the euro area and by 2.4% in the EU28.

The month-on-month decrease in the euro area is due to building construction falling by 1.6% and civil engineering by 2.6%. In the EU28, the decrease of 1.2% is due to a decline in building construction 1.1% and in civil engineering by 1.6%.

The major decreases, month-on-month, in production in construction were recorded to be in France and Portugal (both -2.2%), Germany (-3.1%), and the highest increases in Romania (+5.3%), Poland (+3.8%), and Hungary (+3.2%).

The year-on-year decrease in the euro area is attributed to building construction decreasing by 4.0% and civil engineering falling 2.7%. In the EU28, the decline of 2.4% is due to building construction falling by 2.7% and civil engineering by 0.5%.

Year-on-year declines were experienced in Germany (-8.1%), France (-7.9%) and Portugal (-4.5%), and the highest improvements occurred in Romania (+19.5%), Sweden (+9.4%) and the Czech Republic (+6.2%).


Adapted from press release by Harleigh Hobbs

Read the article online at: https://www.worldcement.com/europe-cis/22042015/production-in-construction-decreases-732/


 

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