February Construction Production Decreases in Europe - Modern Distribution Management

February Construction Production Decreases in Europe

Building construction a primary driver for decreases in euro area and EU28.

Compared with January 2016, seasonally adjusted production in the construction sector in February decreased by 1.1 percent in the euro area (EA19) and by 0.4 percent in the EU28, according to first estimates from Eurostat, the statistical office of the European Union. In January 2016, production in construction grew by 2.4 percent in the euro area and by 0.9 percent in the EU28.

Year-over-year, February production in construction grew by 2.5 percent in the euro area and by 2.3 percent in the EU28.

The 1.1-percent decrease in the euro area in February 2016, compared with January 2016, is due to building construction falling by 1.5 percent, while civil engineering grew by 0.9 percent. In the EU28, the decrease of 0.4 percent is due to building construction falling by 0.5 percent, while civil engineering grew by 0.3 percent.

Among Member States for which data are available, the largest decreases in production in construction were recorded in France (-6 percent), Sweden (-5.1 percent) and Slovenia (-4.1 percent), and the highest increases in Romania (+5.1 percent), the United Kingdom (+3.1 percent) and Bulgaria (+2.7 percent).

Year-over-year, the 2.5-percent increase in construction production in the euro area is due to building construction rising by 2.8 percent and civil engineering by 1.3 percent. In the EU28, the increase of 2.3 percent is due to building construction rising by 2.9 percent, while civil engineering fell by 1.4 percent.

Among Member States for which data are available, the highest increases in production in construction were recorded in Slovakia (+18.8 percent), Spain (+13 percent) and Sweden (+11.3 percent), and the largest decreases in Slovenia (-30.8 percent), Hungary (-19.3 percent) and Poland (-10.1 percent).

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