Construction output rises across the euro area and EU in August
Eurostat reports that construction production increased in both the euro zone and the European Union during August.
The statistical office indicates a month-on-month rise in building activity for the euro area and the EU. Among member states with available data, Romania, Hungary and Finland showed the strongest year-on-year gains, while France, Slovakia and Spain recorded notable declines. In the month-to-month comparison, Hungary, Germany and Romania led the advances, whereas Slovenia, Slovakia and Italy saw the biggest drops. Portugal also posted modest growth.
Why it matters
Construction trends signal broader economic health and can influence employment and investment across Europe.
In this story
construction outputEurostateuro areaEuropean Unionbuilding activityeconomic indicatorregional differences
