Eurozone construction output inches higher
By Benjamin Chiou
Date: Tuesday 21 May 2024
(Sharecast News) - Construction output in the eurozone rose marginally in March while the previous month's increase was revised significantly lower, according to figures released on Tuesday by Eurostat.
Production in construction rose by just 0.1% month-on-month across the single-currency region in March, after a revised 0.4% increase in February, revised down from the initial estimate of 1.8%.
Compared with March 2023, output was up 0.1%, while February's 0.4% annual decline was revised down to -1.8%.
According to Eurostat, the output of building construction fell by 1.5% during the month, but increased 0.6% for civil engineering and rose 0.6% for specialised construction activities.
The largest monthly decreases in production were recorded in Slovakia (-7.6%) and Slovenia (-7.4%), while the highest increases were seen in France (+1.1%), Belgium and Germany (both +1.0%).
Special promo:
Trading the Forex Market? Visit FXmania.com to get advanced infomation about currencies and the Foreign Exchange
Market.
Email this article to a friend
or share it with one of these popular networks:
You are here: news
10 Lower Thames St,
London EC3R 6EN