European construction grows again

By Sandy Guthrie19 December 2014

Production grew in the European construction sector in October, according to seasonally-adjusted figures from Eurostat, the statistical office of the European Union.

October 2014 figures saw growth of 1.3% in the Eurozone and 0.4% in the EU28 compared with September this year, when production in construction fell by 1.0% in the Eurozone and 0.3% in the EU 28.

For October 2014 compared with October 2013, production in construction grew by 1.4% in the Eurozone and by 1.5% in the EU28.

Eurostat said the increase of 1.3% in the Eurozone in October 2014 over the previous month was a result of building construction rising by 1.4% and civil engineering by 0.3%.

In the EU28, the increase of 0.4% was because of building construction rising by 0.4% and civil engineering by 0.2%.

Among Member States with available data, the largest increases in production in construction were seen in Hungary, at 4.0%; Italy, 3.2%; and the Netherlands, 2.2%.

The largest decreases were Romania, with a fall of 6.1%, and the UK where it dropped 2.2%.

The increase of 1.4% in the Eurozone for October 2014, compared with the same month in 2013, was said to be a result of building construction rising by 1.8%, although civil engineering fell by 0.4%.

In the EU28, the annual increase of 1.5% was attributed to building construction rising by 2.3%, while civil engineering fell by 1.5%. The highest annual increases in construction production were again seen in Hungary, up 15.8%, while Spain rose 13.9% and Sweden 10.5%.

The largest annual decreases were recorded in Romania, at 11.3% down, while a 5.7% fall was seen in Portugal, a drop of 4.3% in Italy and Slovakia was 4.2% below October last year.

Latest News
Palfinger crawler crane chosen for power plant lift
Crane on site for lift at pumped storage power plant in Bergheim, Austria
Wheeled mobile crane installs 8.5MW wind turbine
First job for China’s 2,600 tonne capacity all terrain crane built by XCMG