Production in construction down by 14.6% in euro area and 11.7% in EU

https://ec.europa.eu/eurostat/documents/2995521/10294888/4-17062020-BP-EN.pdf/61f4d24d-618f-1753-4b1d-2e116a04607f

In April 2020, the COVID-19 containment measures widely introduced by Member States continued to have a significant impact on production in construction, as the seasonally adjusted production in the construction sector decreased by 14.6% in the euro area and by 11.7% in the EU, compared with March 2020, according to first estimates from Eurostat, the statistical office of the European Union. In March 2020, production in construction fell by 15.7% in the euro area and by 13.6% in the EU. Overall, production in construction in the euro area and EU has fallen to the lowest level recorded since the start of the series in 1995.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.