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Eurostat: Fall in construction output in eurozone and EU

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Statistics Service data for December

Eurostat: Πτoση της παραγωγorς στις κα&tau ;ασκευeς σε ευρωζoνη και ΕΕ

For Cyprus does not have updated data for December as it is among the countries that do not have the obligation to provide monthly data.

Construction output fell by 2.5% in the eurozone and by 2.0% in the EU in December 2022 compared to the previous month, according to first estimates released by Eurostat, the statistical office of the European Union. Union.

For Cyprus there are no updated data for December as it is among the countries that are not obliged to provide monthly data.

As reported, construction output fell in November by 0.1% in the eurozone and rose by 0.1% in the EU compared to the previous month.

In on an annual basis, in December 2022 construction output decreased compared to December 2021 by 1.3% in the eurozone and by 0.4% in the EU.

The annual production in the specific sector for the whole of 2022, increased by 2.3% in the Eurozone and by 2.6% in the EU compared to 2021.

By sector on a monthly basis, in the eurozone there was a decrease in civil engineering work by 4.0% and in building construction by 2.3% in December compared to November.

In the EU, during the same period, a decrease in production was recorded by 2.4% in civil engineering works and by 2.0% in building construction.

Among the Member States for which data are available, the largest month-on-month decline in construction output was recorded in Germany (-8.0%), followed by Austria (-7.6%) and Poland (-3.8 %).

The biggest increases were recorded in Slovenia (+10.6%), Slovakia (+9.5%) and Sweden (+4.3%) .

On an annual basis, by sector, in the eurozone there was a decrease in civil engineering works by 1.5% and in building constructions by 1.3% compared to December 2021.

In the EU in the same period, a decrease of 0.9% was recorded in building constructions and an increase of 0.6% in civil engineering works.

Among the Member States for which data are available, the largest annual decline in construction output was recorded in Germany (-8.2%), followed by Spain (-6.3%) and Austria (-6.0%).

O The largest increases were recorded in Slovenia (+74.5%), Romania (18.4%) and the Netherlands (+4.9%).

Source: www.kathimerini.com.cy

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