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Mayberry Investments Limited is a cashless institution.
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EU.: Production in construction up by 1.8% in euro area and by 1.2% in EU28

June 19, 2018

In April 2018 compared with March 2018, production in the construction sector increased by 1.8% in the euro area (EA19) and by 1.2% in the EU28, according to a recent report by Eurostat, the statistical office of the European Union. This improvement came following a 0.2% and a 0.8%  decrease in construction production for March 2018 for euro area and EU28 respectively. Year over year, April 2018 versus April 2017, production in construction increased by 1.8% in the euro area and by 0.9% in the EU28.

Monthly comparison by construction sector and by Member State

The increase of 1.8% in production in construction in the euro area in April 2018, compared with March 2018, is due to civil engineering rising by 4.0% and building construction by 1.0%. In the EU28, the increase of 1.2% is due to civil engineering rising by 3.4% and building construction by 0.6%. Among Member States for which data are available, the highest increases in production in construction were recorded in Slovenia (+9.8%), Hungary (+6.5%) and Germany (+3.3%). The largest decreases were observed in Spain (-3.6%), Belgium (-1.8%) and Slovakia (-1.4%).

Annual comparison by construction sector and by Member State

The increase of 1.8% in production in construction in the euro area in April 2018, compared with April 2017, is due to civil engineering rising by 2.1% and building construction by 1.8%. In the EU28, the increase of 0.9% is due to civil engineering rising by 1.6% and building construction by 0.7%. Among Member States for which data are available, the highest increases in production in construction were recorded in Poland (+16.3%), Hungary (+14.2%), Slovenia (+12.4%) and the Netherlands (+10.4%). The largest decreases were observed in Sweden (-6.4%), Belgium (-4.6%) and Spain (-3.4%).

 

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