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European Economic News

Eurozone Construction Output Growth Sharply Slows

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

Eurozone's construction output growth sharply slowed in June, after a strong recovery in May following three months of steep declines, data from Eurostat showed on Thursday.

Construction output rose 4 percent from May, when it surged 29.4 percent, revised from 27.9 percent.

June was a month marked by some relaxation of COVID-19 containment measures in many Member States, Eurostat said.

Output started falling from February and logged double-digit declines in March and April when the economy was ravaged by the coronavirus, or Covid-19, pandemic.

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