• Eurozone construction output continued to decline in November

Market news

19 January 2021

Eurozone construction output continued to decline in November

According to the report from Eurostat, in November 2020 compared with October 2020, seasonally adjusted production in the construction sector increased by 1.4% in the euro area and by 1.2% in the EU. In October 2020, production in construction remained stable in the euro area and increased by 0.7% in the EU. In November 2020 compared with November 2019, production in construction decreased by 1.3% in the euro area and by 1.1% in the EU.

In the euro area in November 2020, compared with October 2020, civil engineering increased by 3.1% and building construction by 1.0%. In the EU, civil engineering increased by 3.0% and building construction by 0.7%.

In the euro area in November 2020, compared with November 2019, building construction decreased by 1.6% while civil engineering increased by 0.4%. In the EU building construction decreased by 1.2% and civil engineering by 0.2%.

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