European construction output still falling

19 July 2010

The latest figures from Eurostat show that construction output in the EU fell -2,4% in May compared to a year ago. In the 16 country Euro zone, the drop in output was even greater with a -6,3% fall.

Of just four countries that saw growth when comparing May 2009 to May 2010, the UK showed the strongest performance with a +10% increase in output. The Netherlands recorded +5,7% growth followed by Germany (+3,8%) and Poland (+0,4%).

Six countries recorded double-digit declines in output led by Romania with a -20,2% fall. Other major fallers included Spain (-18,9%), Bulgaria (-16,6%), Slovenia (-16%) and Hungary and Slovakia (both falling -10,6%). All six countries also recorded falls in last month's Eurostat figures.

Other fallers were Portugal with a -6,9% decline followed by France (-5,6%), the Czech Republic (-1,9%) and Sweden (-1,2%).

Across the EU, building construction fell -2,2%, while in the Euro zone the fall was an even greater -5,3 %. Civil engineering output also fell across the EU and in the Euro zone by -1,5% and -9,9% respectively.

When comparing construction output from April to May this year, the Czech Republic recorded the largest increase with +7,2% growth. Other nations to record positive month-to-month growth included Poland and the Netherlands with a 3,7% increase in output, followed by the UK (+2,7%) and Bulgaria and Hungary (both +0,9%).

The biggest faller between April and May was Romania with a -6,6% decline in output. Other month-to-month fallers included Slovakia (-5,6%), Germany (-2,3%), Slovenia (-1,6%), Sweden (-1,1%) and Portugal and Spain (both -1%).

April to May building output fell in the EU and the Euro zone by -0,5% and -1% respectively, while civil engineering saw greater falls of -1,1% in the EU and -3,2% in the 16 country Euro zone.

Latest News
Peri completes ‘Europe’s largest’ 3D printed building
Peri highlighted that conventional construction methods could not have been used to achieve this design
Implenia reaches ‘record level’ consolidated profit with nearly US$8bn backlog
The company said success across all divisions led to profit and extensive order book
Construction industry update: legal battles, global projects, and educational initiatives
Selection of the week’s biggest stories on Construction Briefing