Market news
19.11.2019, 10:14

Eurozone construction output unexpectedly fell in September

According to the report from Eurostat, in September 2019 compared with September 2018, production in construction decreased by 0.7% in the euro area and increased by 0.3% in the EU28. Economists had expected a 2.7% increase in the euro area.

in September 2019 compared with August 2019, seasonally adjusted production in the construction sector increased by 0.7% in the euro area (EA19) and by 0.3% in the EU28. In August 2019, production in construction decreased by 0.8% in the euro area and by 0.5% in the EU28. 

In the euro area in September 2019, compared with August 2019, civil engineering increased by 1.2% and building construction by 0.6%. In the EU28, civil engineering increased by 1.8% while building construction fell by 0.1%.

In the euro area in September 2019, compared with September 2018, building construction fell by 1.0%, while civil engineering increased by 1.1%. In the EU28, civil engineering rose by 2.4%, while building construction remained unchanged.

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