LOGO
LOGO

Economy And The Numbers

Euro Area Construction Output Drops 1.4% In September

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

Eurozone's construction production decreased in September after recording growth in the previous two months, preliminary data released by statistical office Eurostat showed Monday.

Construction output decreased a seasonally adjusted 1.4 percent month-on-month in September, reversing the 0.6 percent rise seen in August. In July, production had increased by 0.3 percent.

Building construction decreased by 2.3 percent sequentially, while civil engineering activity increased by 0.7 percent during the month.

Total production in EU27 was lower by 1.8 percent compared to August, when it increased 0.2 percent. Among member states, the largest decreases in overall output were registered in Portugal, Italy, Romania and the United Kingdom. The largest increases were seen in Slovenia, Germany and Sweden.

On an annual basis, overall construction output decreased at a faster rate of 2.6 percent in September than 1.4 percent in August. In EU27, production fell by 5.8 percent year-on-year.

For comments and feedback contact: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Global Economics Weekly Update: May 11 – May 15, 2026

May 15, 2026 15:25 ET
Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.

Latest Updates on COVID-19