Production in construction up by 1.4% in euro area and by 1.2% in EU

Published by
The Malta Business Weekly

Down by 1.3% and 1.1% compared with November 2019

In November 2020 compared with October 2020, seasonally adjusted production in the construction sector increased by 1.4% in the euro area and by 1.2% in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In October 2020, production in construction remained stable in the euro area and increased by 0.7%in the EU.

In November 2020 compared with November 2019, production in construction decreasedby 1.3% in the euro area and by 1.1%in the EU.

Monthly comparison by construction sector and by Member State

In the euro area in November 2020, compared with October 2020, civil engineering increased by 3.1% and building construction by 1.0%.

In the EU,civil engineering increased by 3.0% and building construction by 0.7%.

Among Member States for which data are available, the highest increases in production in construction were recorded in Slovenia (+12.2%), Hungary (+12.0%) and Slovakia (+7.0%). The largest decreases were observed in Romania (‑4.9%), Spain (‑1.4%) and Belgium (‑0.9%).

Annual comparison by construction sector and by Member State

In the euro area in November 2020, compared with November 2019, building construction decreased by 1.6% while civil engineering increased by 0.4%.

In the EU building construction decreased by 1.2% and civil engineering by 0.2%.

Among Member States for which data are available, the largest decreases in production in construction were observed in Spain (-13.1%), Belgium (-9.3%) and Slovakia (-8.8%). The largest increases were recorded in Slovenia (+18.4%), Romania (+9.3%) and Hungary (+5.1%).

The Malta Business Weekly

In 1994, the Malta Business Weekly became the first newspaper fully dedicated to business. Today this newspaper is a leader in business and financial news. Together with the launch of the MBW newspaper, the company started organising various business breakfasts to discuss various current issues that were targeting the business community in Malta.

Recent Posts

Government inaugurates Dar San Ġużepp elderly home in Għajnsielem

The Dar San Ġużepp elderly home in Għajnsielem was inaugurated on Thursday morning by Prime…

4 days ago

DB ITS project permit stands, as court rejects request for retrial filed by NGOs

The First Hall of the Civil Court has rejected a request for a retrial of…

4 days ago

Number of tourist arrivals in February up 27.5% – NSO

Total inbound tourists for February 2024 were estimated at 168,967, an increase of 27.5 per…

4 days ago

OSCE Chair-in-Office and Foreign Minister Ian Borg visits OSCE Mission in Kosovo

Minister Borg meets President Vjosa Osmani Sadriu, Prime Minister Albin Kurti and other officials “Current…

4 days ago

Sant’Antnin plant ‘on track’ to blossom into recreational green park, WasteServ says

The transformation of the Sant’ Antnin waste treatment plant into a recreational green park is…

4 days ago

Two schemes relaunched to assist voluntary organisations in their sustainability journey

The government will be reissuing two schemes to assist voluntary organisations (VOs) in their transition…

4 days ago