European Construction Production Grows in August - Modern Distribution Management

European Construction Production Grows in August

Production in the construction sector slightly lower than levels seen a year ago.

Compared with July, August seasonally adjusted production in the construction sector grew by 1.5 percent in the euro area (EA18) and by 0.5 percent in the EU28, according to first estimates from Eurostat, the statistical office of the European Union. In July, production in construction grew by 0.3 percent and 0.4 percent respectively.

Compared with August 2013, production in construction fell by 0.3 percent in the euro area and by 0.8 percent in the EU28.

The sequential increase in the euro area is due to building construction rising by 1.4 percent and civil engineering by 2.1 percent. In the EU28, the increase is due to building construction rising by 0.6 percent and civil engineering by 0.1 percent.

Among Member States for which data are available, the highest increases in production in construction were observed in Spain (+2.7 percent), Romania (+2.5 percent) and France (+2.4 percent), and the largest decreases in the United Kingdom (-3.2 percent), Germany (-2 percent), Poland and Slovenia (both -1.8 percent).

The year-over-year decrease of 0.3 percent in production in construction in the euro area in August 2014 is due to civil engineering falling by 5.2 percent, while building construction rose by 0.9 percent. In the EU28, the decrease of 0.8 percent is due to civil engineering falling by 5.4 percent, while building construction rose by 0.4 percent.

Among Member States for which data are available, the largest decreases in production in construction were registered in Romania (-15.6 percent) and Portugal (-6.6 percent), and the highest increases in Slovenia (+27.6 percent), Spain (+22 percent) and Sweden (+9.4 percent).

For more detail, download the PDF below.

Click Here

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!