Production in construction down by 0.4% in euro area
OREANDA-NEWS. In September 2015 compared with August 2015, seasonally adjusted production in the construction sector fell by 0.4% in the euro area (EA19) and remained stable in the EU28, according to first estimates from Eurostat, the statistical office of the European Union. In August 2015, production in construction grew by 0.5% in the euro area and fell by 0.5% in the EU28.
In September 2015 compared with September 2014, production in construction grew by 1.8% in the euro area and by 0.6% in the EU28.
Monthly comparison by construction sector and by Member State
The decrease of 0.4% in production in construction in the euro area in September 2015, compared with August 2015, is due to building construction falling by 0.6%, while civil engineering rose by 0.3%. In the EU28, production in construction remained stable as building construction dropped by 0.1%, while civil engineering rose by 0.1%. Among Member States for which data are available, the largest decreases in production in construction were recorded in Slovenia (-5.2%), Portugal (-2.2%) and Sweden (-1.9%), and the highest increases in Hungary and Slovakia (both +8.4%) and the Netherlands (+2.1%).
Annual comparison by construction sector and by Member State
The increase of 1.8% in production in construction in the euro area in September 2015, compared with September 2014, is due to civil engineering rising by 2.4% and building construction by 1.6%. In the EU28, the increase of 0.6% is due to civil engineering rising by 3.1% and building construction by 0.2%. Among Member States for which data are available, the highest increases in production in construction were recorded in Slovakia (+26.0%), the Netherlands (+10.2%), Hungary (+8.1%) and Sweden (+7.4%), and the largest decreases in Slovenia (-12.5%), the United Kingdom (-4.1%) and Portugal (-3.2%).
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