Slight dip in EU construction
By Sandy Guthrie19 January 2015
A slight fall in the seasonally-adjusted construction production figure for November 2014 over the previous month has been recorded by Eurostat, the statistical office of the European Union.
In November compared with October, production fell by 0.1% in the Eurozone and by 0.2% in the Union as a whole (the EU28), according to Eurostat’s first estimates.
In October 2014, production in construction grew by 1.1% in the Eurozone and 0.5% in the EU28.
Comparing November 2014 with November 2013, production in construction grew by 2.2% in the Eurozone and by 2.5% in the EU28.
In a monthly comparison by construction sector and by Member State, the decrease of 0.1% in production in the Eurozone for November 2014 over October’s figure, was said to be as a result of building construction falling by 0. 2% and civil engineering by 0.1%.
In the EU28, the decrease of 0.2% was attributed to building construction falling by 0.2% while civil engineering grew by 0.1%.
Among Member States with available data, the largest decreases in production in construction were observed in Italy, which was down 4.5%, the UK down 2.0%, and the Czech Republic with a fall of 1.9%.
The highest increases were in Romania where it was up 5.8%, Poland up 2.5%, Sweden up 2.4% and Spain up 2.2%.
In an annual comparison, the increase of 2.2% in production in construction in the Eurozone in November 2014, compared with the same month a year earlier, was felt to be because of building construction rising by 2.7 %, while civil engineering fell by 0.5%.
In the EU28, the increase of 2.5% was said to be as a result of building construction rising by 3.3%, while civil engineering fell by 0.5%.
Among Member States with available data, the highest increases in production in construction were registered in Spain, which was up 15.9%, Sweden with a rise of 12.5% and Hungary up 8.8%. The largest decreases were in Slovenia, where there was a fall of 11.2%, Italy down 7.9%, Portugal down 5.7%, and Slovakia which slipped 5.1%.