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Production in construction up 12%

19/04/2018 10:27

Construction in Cyprus increased by 6.3% in the last quarter of 2017 compared to the third quarter and by 12.0% compared to the last quarter of 2016, according to first estimates from Eurostat, the statistical office of the European Union.

 

In February 2018 compared with January 2018, seasonally adjusted production in the construction sector decreased by 0.5% in the euro area (EA19) and by 0.8% in the EU28, 
In January 2018, production in construction fell by 0.8% in the euro area and by 1.1% in the EU28. In February 2018 compared with February 2017, production in construction increased by 0.4% in the euro area and decreased by 0.1% in the EU28.


The decrease of 0.5% in production in construction in the euro area in February 2018, compared with January 2018, is due to civil engineering falling by 1.7%, while building construction rose by 0.1%. In the EU28, the decrease of 0.8% is due to civil engineering falling by 2.7% and building construction by 0.2%.

Among Member States for which data are available, the largest decreases in production in construction were recorded in Bulgaria (-14.0%), Slovenia (-13.1%) and Hungary (-5.0%). The highest increases were observed in Romania (+4.7%), France (+2.7%) and Spain (+0.9%).

The increase of 0.4% in production in construction in the euro area in February 2018, compared with February 2017, is due to building construction rising by 1.7%, while civil engineering fell by 4.6%. In the EU28, the decrease of 0.1% is due to civil engineering falling by 3.8%, while building construction grew by 0.6%.

Among Member States for which data are available, the highest increases in production in construction were recorded in Poland (+31.3%), Hungary (+26.1%) and Romania (+10.6%). The largest decreases were observed in Belgium (-5.3%), the United Kingdom (-3.9%) and France (-3.0%).