EU, eurozone construction output jumps in February on public works

Source: ICIS News


MADRID (ICIS)--Activity in the chemicals-intensive EU and eurozone construction industry accelerated in February on the back of strong activity in public works, the EU’s statistical agency Eurostat said on Tuesday.

Construction output activity
Feb 19 vs Jan 19 Feb 19 vs Feb 18
EU 2.3% 4.9%
Eurozone 3.0% 5.2%

The rises came mostly on the back of healthy activity in the civil engineering sector, comprising public works.

In the 28-country EU, civil engineering activity rose by 12.8% during February, year on year, while building construction – residential and commercial – rose by 3.2%.

In the 19-country eurozone, civil engineering jumped 11.9% in February, year on year; building construction rose by 3.3%.

Production in construction; Feb 2010 to Feb 2019

Base year (100) = 2015. Blue, EU. Red, eurozone