Eurozone construction output down 1.3% in September

17 November 2011 11:32  [Source: ICIS news]

LONDON (ICIS)--Eurozone construction output in September fell by 1.3% compared with the previous month, while output in the EU dropped by 1.0%, statistics office Eurostat said on Thursday.

In August, production decreased in the eurozone and EU by 0.4% and 0.3% respectively, compared with July.

Among the EU member states for which data was available for September 2011, month-on-month construction output decreased in five and rose in seven.

The largest decreases were registered in France (-5.8%), Portugal (-5.1%) and the UK (-2.3%), and the highest increases in Slovenia (+7.8%), Poland (+4.1%) and Slovakia (+3.9%), Eurostat said.

Compared with September 2010, construction output increased by 0.4% year on year in the 17-member eurozone monetary union and by 0.6% in the 27-member EU

Among the member states for which data was available for September 2011, year-on-year construction output increased in seven and fell in six.

The highest increases were in Poland (+17.1%), Sweden (+6.3%) and the Netherlands (+5.2%), and the largest decreases in Slovenia (-17.0%), Bulgaria (-11.5%) and Portugal (-10.0%).

The construction sector is one of the chemical industry’s key downstream markets and uses a wide variety of products, including plastics and adhesives.

By: Franco Capaldo
+44 (0)20 8652 3214

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