European construction output decline continues

By Helen Wright17 January 2013

According to the latest figures from Eurostat, November last year was the 11th month in a row to register year-on-year falls in construction output in Europe.

Compared with November 2011, output in November 2012 dropped 4.7% in the Eurozone and 5.9% among all member states (EU27).

The largest decreases were registered in Slovenia, where output fell 20.4%, and in Italy and Portugal, where output fell 17.9% in both countries. Slovakia also registered a 13.1% year-on-year drop in construction output in November. The highest increases were recorded in Spain (10.3%) and Sweden (1.5%).

In terms of sectors, output in building construction declined 5.3% in the Eurozone and 6.4% in the EU27, while civil engineering output decreased 3.3% in the Eurozone and 4.3% in the EU27.

Construction output also fell month-on-month in November last year. Output in the Eurozone was down 0.4% in November compared to October 2012, and down 0.9% in the EU27.

The largest month-on-month decreases were registered in Italy (3.4%), UK (2.7%), Poland and Portugal (both 1.5%), while the highest increases were seen in Slovenia (14.9%), Romania (5.1%) and Sweden (2.2%).

Building construction output decreased 0.7% in the Eurozone between October and November last year, and 1.0% in the EU27. In contrast, civil engineering output rose 0.9% month-on-month in the Eurozone and was up 0.1% in the EU27.

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, International Rental Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Latest News
New X-series excavator from JCB
Stage V, reduced swing model unveiled by OEM at online press conference 
Ahern Denmark officially open
Grand opening event for Ahern subsidiary, representing Snorkel, Denka Lift and Europolift 
Herc could double fleet spending in 2022
New strategy sees net fleet spending of between $820 million to $1.12 billion in 2022
CONNECT WITH THE TEAM
Murray Pollok Managing Editor Tel: +44(0)1505 850 043 E-mail: murray.pollok@khl.com
Simon Kelly Sales Manager Tel: +44 (0) 1892 786 223 E-mail: simon.kelly@khl.com
CONNECT WITH SOCIAL MEDIA