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Year-on-year construction down 6.8% in the EU

19 Oct 12 Construction production in August 2012 dropped by 5.5% in the Euro area and by 6.8% across the 27 countries of the EU (EU27) compared with August 2011.

However, production was up by 0.2% in August and by 0.7% in the Eurozone compared with July. In July 2012, production had increased by 0.1% in the Euro area and decreased by 0.1% in the EU27.

Among the Member States with data available for August 2012, production in construction rose in eight and fell in seven. The highest increases were registered in Portugal (+10.4%), Italy (+5.3%) and Romania (+2.8%), and the largest decreases in Hungary (-5.3%), Germany (-2.8%) and the Czech Republic (-1.7%).

Building construction increased by 1.2% in the euro area and dropped by 0.1% in the EU27, after -0.3% and -0.4% respectively in July 2012. Civil engineering decreased by 0.7% in the euro area, but rose by 2.2% in the EU27, after 0.0% and -0.2% respectively in the previous month.

Among the Member States for which figures were available for August 2012, production in construction fell in eleven and rose in four. The largest decreases were registered in Portugal (-17.3%), Slovenia (-14.8%), Slovakia (-11.9%) and the United Kingdom (-11.6%), and the increases in Romania (+5.1%), Bulgaria (+1.3%), Sweden (+1.0%) and Germany (+0.7%).

Building construction declined by 5.2% in the Euro area and by 6.9% in the EU27, after -5.7% and -6.0% respectively in July 2012. Civil engineering decreased by 7.9% in the Euro area and by 7.5% in the EU27, after -6.8% and -10.5% respectively in the previous month.

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MPU
MPU

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