The 2020 Mid-Year Economic Update_long

March Construction Production Decreases in EU28, Euro Area

Construction production decrease primary drivers for drop in both regions.

In March 2017 compared with February 2017, seasonally adjusted production in the construction sector decreased by 1.1 percent in the euro area (EA19) and by 0.8 percent in the EU28, according to first estimates from Eurostat, the statistical office of the European Union. In February 2017, production in construction grew by 5.5 percent in the EA19 and by 3.9 percent in the EU28.

Year-over-year, March 2017 production in construction increased by 3.6 percent in the EA19 and by 3.7 percent in the EU28.

The decrease of 1.1 percent in production in construction in the euro area in March 2017, compared with February 2017, is due to building construction falling by 1.7 percent, while civil engineering rose by 1.1 percent.

In the EU28, the de crease of 0.8 percent is due to building construction falling by 1.1 percent, while civil engineering rose by 0.7 percent.

Among Member States for which data are available, the largest decreases in production in construction were recorded in France (-5.1 percent), Sweden (- 4.5 percent) and Portugal (-2 percent), while the highest increases were observed in Poland (+9.7 percent), Slovenia (+6.5 percent), Slovakia (+ 3.6 percent) and Hungary (+3.4 percent).

The increase of 3.6 percent in production in construction in the euro area in March 2017, compared with March 2016, is due to civil engineering rising by 6.8 percent and building construction by 2.7 percent. In the EU28, the increase of 3.7 percent is due to building construction rising by 3.8 percent and civil engineering by 3.3 percent.

Among Member States for which data are available, the highest increases in production in construction were recorded in Slovenia (+41.5 percent), Hungary (+33.2 percent) and Poland (+13 percent). Decreases were observed in Spain (-5 percent) and Romania (-1 percent).

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