European Economic News

Eurozone Construction Output Falls For Third Month

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 RTTNews Staff Writer

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