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European construction slide continues

20 Mar 13 Construction output fell by 1.4% in the Eurozone and by 1.3% across the 27 countries of the EU in January compared with the December.

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In December 2012, production had increased by 0.3% in the Euro area, but declined by 0.6% in the EU27 according to the figures from Eurostat, the statistical office of the European Union. 

Compared with January 2012, production in January 2013 dropped by 7.3% in the Euro area and by 8.0% across all 27 countries (EU27).

From January 2013 onwards, indices for production in construction are calculated and presented with 2010 as the new base year.  

Among the Member States with data available for January 2013, production in construction fell in nine and rose in four. The largest decreases were registered in Slovenia (-7.4%), Sweden (-5.1%), the Czech Republic (-4.4%) and France (-4.0%), and the largest increases were in Poland (+5.3%), Bulgaria (+3.7%), Germany (+3.0%) and Portugal (+1.2%).

Building construction decreased by 1.0% in the Euro area and by 1.3% in the EU27, after +0.1% and -0.7% respectively in December 2012. Civil engineering fell by 3.2% in the Eurozone and by 1.7% in the EU27, after +0.5% and -1.1% respectively in the previous month.

In terms of the annual comparison, production in construction fell in all member states with data available for January 2013. The largest decreases were registered in Slovenia (-22.1%), Portugal (-20.2%), Poland (-17.3%), Slovakia (-14.9%) and the Netherlands (-13.7%). Building construction declined by 7.3% in the Euro area and by 7.7% in the EU27, after -5.1% and -6.1% respectively in December 2012. Civil engineering decreased by 8.9% in the Euro area and by 9.5% in the EU27, after -3.0% and -10.8% respectively in the previous month.

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