EU construction output down by 0.4% in February – Eurostat

17 April 2013 10:43 Source:ICIS News

LONDON (ICIS)--EU construction output levels fell by 0.4% in February this year compared to the previous month, data agency Eurostat said on Wednesday.

Construction output for the 17-member eurozone was also down by 0.8% month on month in February, Eurostat added.

The agency also revised its month-on-month production level figures for January 2013 to a 1.7% decline in the EU and a 2.1% contraction in the eurozone.

Eurostat had originally estimated production output declines of 1.3% in the EU and 1.4% in the eurozone during the period.

Year on year, construction output in February fell by 1.1% in the EU, but increased by 0.8% in the eurozone.

Among the member states for which data was available in February, production in construction fell in three and rose in 10 month on month, while Spain remained stable.

“The decreases were registered in Poland (-3.0%), Germany (-2.7%) and Portugal (-0.8%), and the highest increases in Romania (+5.0%), Slovakia (+4.1%) and Sweden (+3.4%),” Eurostat said.

Among the member states for which year on year data was available, production in construction rose in six countries and fell in eight. 

“The highest increases were registered in France (+8.7%), Bulgaria (+7.8%), Hungary (+7.1%) and Germany (+6.2%), and the largest decreases in Portugal (-20.9%), Poland (-13.1%), Slovenia (-1.3%) and the Netherlands (-7.8%),” the agency added.

By Tom Brown