Eurozone Building Output Recovers In April

By | June 19, 2017

Eurozone building output recuperated in April after declining in March, information from Eurostat showed Monday.

Building output increased 0.3 percent month-on-month in April, reversing a 1.1 percent fall in March.

Within in overall building, constructing output advanced 0.7 percent, while civil engineering output decreased 1.5 percent.

Year-on-year, construction output development alleviated to 3.2 percent from 3.8 percent in March. This was the weakest growth in the present sequence of 3 months development.

In the EU28, building output stayed flat on month following a 0.5 percent drop in March.

Among member states, the highest increase in production was signed up in Sweden, followed by France and the Czech Republic. The largest decreases were seen in Romania, Italy and Hungary.

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