Eurozone construction output registered a drop in January
Buz Investors Eurozone construction output Construction output in the Eurozone declined 6.2 percent year-on-year in January of 2017, following a downwardly revised 3 percent rise in the previous month. It is the worst contraction since March of 2013, as civil engineering fell 8.2 percent after jumping 7.9 percent in December and building activity decreased 5.9 percent following a 1.9 percent increase in the previous period. Among Member States for which data is available, largest
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Eurozone construction output
declines were recorded in Belgium (-18 percent from 14.5 percent in December), Slovakia (-17.2 percent from -18.5 percent), Spain (-13.1 percent from 5.4 percent), Germany (-5.7 percent from -0.9 percent ) and France (-5.4 percent from 3.4 percent). On a monthly basis, construction output fell 2.3 percent, following a 0.6 percent drop in December. Construction Output in the Euro Area averaged -0.72 percent from 1996 until 2017, reaching an all time high of 18.70 percent in February of 2000 and a record low of -21.70 percent in February of 1996.
The production index in construction measures the evolution of output within the construction sector, including building construction and civil engineering. This page provides the latest reported value for – Euro Area Construction Output – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Euro Area Construction Output – actual data, historical chart and calendar of releases – was last updated on March of 2017.
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