EU September construction output down 9.4% year on year

18 November 2009 11:51  [Source: ICIS news]

Construction work in the UKLONDON (ICIS news)--EU construction sector output in September fell by 9.4% year on year and dropped by 8.0% in the euro area, indicating the continued deterioration of one of the chemicals industry’s key downstream markets, official statistics office Eurostat said on Wednesday.

Compared with the previous year, among the EU member states for which data were available, September construction output fell in nine and rose only in Poland (+5.7%), the Czech Republic (+4.6%) and Germany (+2.9%). The largest decreases were seen in Slovenia (-32.2%), Romania (-22.1%) and Bulgaria (-19.7%).

The sector also declined month on month in September, with production falling by 1.1% in both the euro area (EA16) and the EU27, Eurostat said.

A wide variety of products manufactured by the chemicals industry are used in construction applications, including adhesives, solvents, coatings and plastics such as polyvinyl chloride (PVC) and polystyrene (PS).

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By: Franco Capaldo
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