articles | 20 September 2017

Production in constructions increases by 9.2% in Q1 2017

In July 2017 compared with June 2017, seasonally adjusted production in the construction sector increased by 0.2% in the euro area (EA19) and by 0.5% in the EU28, according to first estimates from Eurostat, the statistical office of the European Union.

In June 2017, production in construction grew by 0.2% in the euro area and by 0.3% in the EU28. In July 2017 compared with July 2016, production in construction increased by 3.4% in the euro area and by 3.6% in the EU28.

Production in constructions in Cyprus increased by 9.2% in the first quarter if the year. Cyprus, among other Member States, is not required to supply monthly data under Council Regulation 1165/98

The increase of 0.2% in production in construction in the euro area in July 2017, compared with June 2017, is due to building construction rising by 0.3%, while civil engineering fell by 0.4%. In the EU28, the increase of 0.5% is due to building construction rising by 0.8%, while civil engineering fell by 0.8%. 

Among Member States for which data are available, the highest increases in production in construction were recorded in Sweden (+7.9%), Poland (+4.3%) and Slovakia (+2.8%), and the largest decreases in Slovenia (-8.6%), the Czech Republic (-2.5%) and Hungary (-2.1%).

The increase of 3.4% in production in construction in the euro area in July 2017, compared with July 2016, is due to building construction rising by 4.0% and civil engineering by 0.9%. In the EU28, the increase of 3.6% is due to building construction rising by 4.0% and civil engineering by 2.3%. 

Among Member States for which data are available, the highest increases in production in construction were recorded in Hungary (+22.6%), Sweden (+21.2%), Poland (+19.8%) and Slovakia (+14.7%). Decreases were observed in the United Kingdom (-1.1%) and Italy (-0.4%). 

Source: InCyprus

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