Construction output down by 1.0% in the euro area

Published: 19 May 2009 y., Tuesday

Darbininkai
In the construction sector, seasonally adjusted production1 decreased by 1.0% in the euro area2 (EA16) and by 2.1% in the EU272 in March 2009, compared with the previous month. In February3, production declined by 0.6% and 0.2% respectively.

Compared with March 2008, output in March 2009 dropped by 8.7% in the euro area and by 10.5% in the EU27.

Monthly comparison

Among the Member States for which data are available for March 2009, construction output rose in six, fell in five and remained stable in Slovakia. The most significant increases were registered in Germany (+7.6%), Portugal (+3.8%) and Romania (+1.7%), and the largest decreases in Spain (-5.5%), Sweden (-2.3%) and the United Kingdom (-1.1%).

Building construction decreased by 1.6% in the euro area and by 3.0% in the EU27, after -0.6% and -0.3% respectively in February. Civil engineering increased by 2.2% in the euro area and by 0.6% in the EU27, after -1.7% and -1.2% respectively in the previous month.

Annual comparison

Among the Member States for which data are available for March 2009, construction output fell in ten and rose only in Germany (+5.3%) and Poland (+0.1%). The largest decreases were registered in Spain (-20.3%), Sweden (-17.7%) and the United Kingdom (-15.2%).

Building construction decreased by 11.7% in the euro area and by 12.6% in the EU27, after -9.9% and -10.3% respectively in February. Civil engineering increased by 0.2% in the euro area but fell by 4.1% in the EU27, after -5.8% and -5.0% respectively in the previous month.

 

Šaltinis: www.europa.eu
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Many countries, one market

New rules for the EU's single market will make it easier to live and do business anywhere in Europe. more »

EU budget review – MEPs welcome new ideas but miss real revision

MEPs were disappointed that the Commission's EU budget review document had not sought the radical revision that the EU needs, they told Budgets Commissioner Janusz Lewandowski in a Policy Challenges Committee debate on Thursday. more »

The European Commission grants € 9.5 million to support the electoral process in the Central African Republic

On 25 October, the Commission adopted the decision to financially support the 2011 electoral process in the Central African Republic. more »

Crisis management in the banking sector

New EU framework for crisis management in the financial sector for managing problems before they spiral out of control. more »

Out of the crisis and towards European economic governance

The financial crisis laid bare the limits of self-regulation, demonstrating the need for strong EU economic governance, surveillance and policy co-ordination, say two non-legislative resolutions voted by Parliament on Wednesday. more »

1 181 former workers of Heidelberger Druckmaschinen AG to get help worth €8.3 million from EU Globalisation Fund

The European Commission has approved an application from Germany for assistance from the European Globalisation adjustment Fund (EGF). more »

Taxing the financial sector

Global and EU- level taxes on financial sector would help to fund international challenges such as development or climate change and fix the fallout from the global economic crisis. more »

EIB and African Development Bank finance first large-scale wind farm in Africa

The European Investment Bank and African Development Bank today agreed to provide EUR 45m to design, build and operate onshore wind farms on four islands in the Cape Verde archipelago. more »

2011 budget - MEPs make room for new policy priorities

MEPs want future EU budgets to accommodate new policy priorities as well as negotiations on new sources of financing. more »

Globalisation Fund: Budgets Committee backs aid to Portugal, the Netherlands, Spain and Denmark

The European Parliament's Budgets Committee on Monday backed EU funding for 3,731 workers in Portugal, the Netherlands, Spain and Denmark who were made redundant due to the closure of their companies. more »