Steep fall in Europe’s construction output

By Helen Wright21 February 2013

Seasonally adjusted construction output in the 27 EU member states (EU27) fell 8.5% year-on-year in December 2012, marking 12 months in a row of year-on-year declines.

Construction output in the Eurozone also fell 4.8% year-on-year in December. The largest decreases were registered in Poland (23.7%), Portugal (18.2%), Bulgaria (15.1%) and the UK (15%). The strongest year-on-year increases were seen in Sweden (5.2%) and Spain (4.5%).

In terms of sectors, building construction output declined 6.2% in the Eurozone and 8.3% in the EU27, while civil engineering output decreased 2.9% in the Eurozone and 11.2% in the EU27 between December 2011 and December 2012.

A month-on-month comparison also revealed declining construction output. Compared with November 2012, output in December fell 1.7% in the Eurozone and 2.7% in the EU27.

The largest month-on-month decreases were registered in Bulgaria (10.3%), Poland (10.1%) and Germany (8.9%), while the highest increases were seen in Slovenia (7.2%), Hungary (3.4%) and Sweden (3.3%).

Building construction output decreased 1.6% in the Eurozone and 2.6% in the EU27 between November and December last year, while civil engineering output fell 2.1% in the Eurozone and 2.3% in the EU27.

Latest News
Combilift launches turbine component carrier
Materials handling equipment specialist enters the offshore wind supply arena with new transporter system
SAIA reorganizes MEWP Council
The SAIA’s MEWP Council has assembled a new team and updated its goals and objectives for coming year
Video interview: where is construction on its tech journey?
Andy Verone, Chief Strategy Officer at Contruent on the biggest productivity gains tech can bring