• Eurozone's construction output rebounds in April

Market news

19 June 2013

Eurozone's construction output rebounds in April

Eurozone's construction output increased in April, reversing March's decline, the latest figures from Eurostat revealed Wednesday.

Production in construction rose 2 percent month-on-month in April following a 1.8 percent fall in March and a 1.3 percent increase in February.

Compared with April 2012, production decreased 6.6 percent. This followed a 7.3 percent year-on-year decline in March.

In EU 27, output grew 0.9 percent month-on-month in April, but was down 5.9 percent compared to last year.

Among the member states, the strongest increases in construction output compared to March were recorded in Germany, Portugal and Italy. In euro area, building construction increased 1.1 percent month-on-month and civil engineering rose 3.9 percent.

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