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Eurozone Construction Output Growth Slows In July

Eurozone construction output growth eased sharply in July, Eurostat reported on Thursday.

The construction output increased 0.2 percent month-on-month in July, after a 5.1 percent rise in June.

Production in building construction remained unchanged, while that of civil engineering rose 1.1 percent.

On a year-on-year basis, the construction output fell 3.8 percent in July, following a 4.8 percent decline in the prior month.

In the EU27, construction output decreased 0.1 percent monthly, and fell 3.9 percent from the same month a year ago.

Among member states, the biggest increases were recorded in Slovenia, France and Romania, and the largest decreases were observed in Germany, Poland and Sweden.

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