Production in construction down by 0.2% in euro area

In April 2016 compared with March 2016, seasonally adjusted production in the construction sector fell by 0.2% in the euro area (EA19) and increased by 0.4% in the EU28, according to first estimates from Eurostat, the statistical office of the European Union. In March 2016, production in construction fell by 1.0% in the euro area and by 1.5% in the EU28.

In April 2016 compared with April 2015, production in construction fell by 0.4% in the euro area and by 1.5% in the EU28.

The decrease of 0.2% in production in construction in the euro area in April 2016, compared with March 2016, is due to building construction falling by 0.4%, while civil engineering grew by 0.9%. In the EU28, the increase of 0.4% is due to civil engineering rising by 1.1% and building construction by 0.3%.

Among Member States for which data are available, the largest decreases in production in construction were recorded in the Czech Republic (-3.3%), Spain (-2.4%) and Bulgaria (-2.1%), and the highest increases in Romania (+5.8%), Slovenia (+5.4%) and the United Kingdom (+3.0%).

The decrease of 0.4% in production in construction in the euro area in April 2016, compared with April 2015, is due to building construction falling by 0.7%, while civil engineering grew by 1.3%.

In the EU28, the decrease of 1.5% is due to civil engineering falling by 5.2% and building construction by 0.8%.

Among Member States for which data are available, the largest decreases in production in construction were recorded in Slovenia (-31.2%), Hungary (-29.8%), Poland (-15.9%) and the Czech Republic (-15.2%), and the highest increases in Romania (+12.8%), Sweden (+8.7%) and the Netherlands (+6.2%).

Adapted from press release by Joseph Green

Read the article online at: https://www.worldcement.com/europe-cis/22062016/production-construction-down-euro-area-318/