• Eurozone construction output continued to decline in July

Market news

17 September 2020

Eurozone construction output continued to decline in July

According to the report from Eurostat, in July 2020 the seasonally adjusted production in the construction sector rose by 0.2% in the euro area and fell by 0.1% in the EU, compared with June 2020. In June 2020, production in construction increased by 5.1% in the euro area and by 3.8% in the EU. In July 2020 compared with July 2019, production in construction decreased by 3.8% in the euro area and by 3.9% in the EU.

In the euro area in July 2020, compared with June 2020, civil engineering increased by 1.1% while building construction remained stable. In the EU, building construction decreased by 0.3% while civil engineering increased by 1.2%.

In the euro area in July 2020, compared with July 2019, building construction decreased by 4.3% while civil engineering increased by 0.4%. In the EU, building construction decreased by 4.2% and civil engineering by 0.4%.

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