Production in construction up by 6.9% in euro area

Production in construction up by 6.9% in euro area

Production in construction up by 6.9% in euro area

The FINANCIAL -- In February 2017 compared with January 2017, seasonally adjusted production in the construction sector increased by 6.9% in the euro area (EA19) and by 4.4% in the EU28, according to first estimates from Eurostat, the statistical office of the European Union.

In January 2017, production in construction fell by 2.4% in the euro area and by 1.5% in the EU28.

In February 2017 compared with February 2016, production in construction increased by 7.1% in the euro area and by 5.2% in the EU28.

Monthly comparison by construction sector and by Member State

The increase of 6.9% in production in construction in the euro area in February 2017, compared with January 2017, is due to civil engineering rising by 10.1% and building construction by 6.2%.

In the EU28, the increase of 4.4% is due to civil engineering rising by 5.5% and building construction by 4.0%.

Among Member States for which data are available, the highest increases in production in construction were recorded in Slovenia (+25.7%), Belgium (+18.7%) and Germany (+13.6%), while the largest decreases were observed in Poland (-2.8%), Sweden (-1.8%), and the United Kingdom (-1.6%).

Annual comparison by construction sector and by Member State

The increase of 7.1% in production in construction in the euro area in February 2017, compared with February 2016, is due to civil engineering rising by 10.3% and building construction by 6.2%.

In the EU28, the increase of 5.2% is due to civil engineering rising by 5.6% and building construction by 4.8%.

Among Member States for which data are available, the highest increases in production in construction were recorded in Slovenia (+21.4%), Hungary (+15.1%), Sweden (+13.2%) and Germany (+11.6%), while the largest decreases were observed in Slovakia (-10.6%), the Czech Republic (-5.5%) and Poland (-5.1%).