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Dramatic fall in construction recorded in Eurozone and EU

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Dramatic fall in construction recorded in Eurozone and EU

In September, volume of construction in Eurozone declined by 0,9 per cent, as compared to the previous month.


This is evidenced by data from Statistics Directorate of the European Union (EUROSTAT). According to the agency, the same rate of decline was recorded in August.

As for twenty-eight EU member states, volume of construction reduced by 0,3 per cent compared to August and by 0,2 per cent on a year-on-year basis. The most notable growth was recorded in Slovenia (4 per cent), Poland (3,3 per cent) and Sweden (3,1 per cent).

On a year-on-year basis, the most notable reduction of construction rates were in Slovakia (-17,9 per cent), Poland (-16,1 per cent) and Hungary (-13,2 per cent).

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