European Economic News
FONT-SIZE Plus   Neg
Share SHARE
mail  E-MAIL

Eurozone Construction Output Falls For Third Month

8/20/2012 5:15 AM ET

Eurozone construction output declined for the third consecutive month in June, Eurostat reported Monday.

In the construction sector, seasonally adjusted production dropped 0.5 percent from a month ago, when it fell 0.2 percent.

Building construction was down 0.1 percent after staying flat in May. Likewise, civil engineering fell by 0.7 percent compared to a 0.5 percent rise in the prior month

On a yearly basis, production fell 2.8 percent, much slower than the 8.1 percent decline seen a month ago.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Economic News