Currencies

Production in construction up by 0.1% in the euro area and by 0.4% in the EU


Overview

In August 2024, compared with July 2024, seasonally adjusted production in construction increased by 0.1% in the euro area and by 0.4% in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In July 2024, production in construction fell by 0.5% in the euro area and by 0.3% in the EU.

In August 2024, compared with August 2023, production in construction decreased by 2.5% the euro area and by 2.4% in the EU.

Production in the construction sector

Monthly comparison by construction sector and by Member State

In the euro area in August 2024, compared with July 2024, production in construction

  • increased by 0.9% for construction of buildings,

  • decreased by 2.1% for civil engineering,

  • increased by 0.3% for specialised construction activities.

In the EU, production in construction

  • increased by 1.8% for construction of buildings,

  • decreased by 2.1% for civil engineering,

  • increased by 0.4% for specialised construction activities.

Among Member States for which data are available, the highest monthly increases in production in construction were recorded in Sweden (+7.2%), the Netherlands (+6.3%) and Romania (+4.7%). The largest decreases were observed in Slovakia (-4.3%), Belgium (-3.2%) and Slovenia (-3.1%).

Annual comparison by construction sector and by Member State

In the euro area in August 2024, compared with August 2023, production in construction

  • decreased by 2.1% for construction of buildings,

  • decreased by 3.2% for civil engineering,

  • decreased by 3.0% for specialised construction activities.

In the EU, production in construction

  • decreased by 2.5% for construction of buildings,

  • decreased by 3.9% for civil engineering,

  • decreased by 2.7% for specialised construction activities.

Among Member States for which data are available, the largest annual decreases in production in construction were recorded in Slovenia (-17.1%), Slovakia (-10.9%) and Hungary (-6.0%). The highest increases were observed in Bulgaria (+5.5%), the Netherlands (+2.5%) and Portugal (+2.0%).

Tables

Production in construction

% change compared with the previous month*

2024

Mar

Apr

May

Jun

Jul

Aug

 

 

 

 

 

 

-0.4

-0.6

-0.9

0.6

-0.5

0.1

-1.0

-0.7

-0.7

1.1

-1.1

0.9

0.3

-1.9

-0.6

0.5

-0.5

-2.1

-0.5

0.0

-1.1

0.4

-0.7

0.3

-0.6

-0.1

-1.1

0.4

-0.3

0.4

-2.2

0.3

-0.7

-0.5

-0.3

1.8

-0.7

-0.5

-1.4

1.2

-0.9

-2.1

-0.4

-0.2

-1.0

0.2

-0.4

0.4

Production in construction

% change compared with the previous month*

2024

Mar

Apr

May

June

Jul

Aug

-0.4

-0.6

-0.9

0.6

-0.5

0.1

-0.6

-0.1

-1.1

0.4

-0.3

0.4

1.0

-4.1

0.3

-0.4

2.3

-3.2

1.2

-0.4

0.5

-0.9

0.5

1.6

-6.7

3.6

-5.2

0.0

7.0

-1.7

2.2

-1.0

0.1

0.6

0.1

0.2

-1.0

-1.2

-3.1

1.2

-1.0

0.3

:

:

:

:

:

:

c

c

c

c

c

c

:

:

:

:

:

:

1.7

-1.7

0.6

0.5

0.7

-0.7

0.8

-1.0

-1.0

1.8

-2.3

0.6

0.5

0.6

1.1

-1.2

5.1

:

-1.8

1.3

0.4

-0.9

1.4

-1.8

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

-1.3

0.1

1.5

-1.3

-5.5

:

-1.0

8.8

-3.0

-6.6

0.8

-2.1

:

:

:

:

:

:

-0.5

0.2

0.3

-1.1

-0.9

6.3

-1.7

2.1

-1.1

0.1

0.9

-1.0

c

c

c

c

c

-0.5

-1.9

3.1

-3.4

3.8

-0.8

-0.2

9.3

5.8

-6.1

0.8

0.2

4.7

-4.1

-2.1

0.8

-10.5

2.3

-3.1

-6.9

7.7

-2.7

-1.0

-1.8

-4.3

0.2

0.3

2.1

-2.2

2.4

-1.1

-2.6

1.1

-2.0

0.2

-0.5

7.2

-0.6

0.1

-0.2

-0.3

0.5

0.0

Production in construction

% change compared with the same month of the previous year*

2024

Mar

Apr

May

Jun

Jul

Aug

 

 

 

 

 

 

-0.3

-1.6

-2.6

-1.5

-2.3

-2.5

-2.4

-4.0

-5.2

-2.1

-3.2

-2.1

5.7

2.1

0.5

0.9

-0.3

-3.2

-1.1

-1.1

-2.0

-1.5

-3.0

-3.0

-0.9

-1.5

-2.8

-2.1

-2.5

-2.4

-4.2

-3.9

-5.2

-4.1

-4.4

-2.5

3.3

2.4

-0.6

0.1

-0.4

-3.9

-1.1

-1.4

-2.1

-1.8

-2.8

-2.7

Production in construction

% change compared with the same month of the previous year*

2024

Mar

Apr

May

Jun

Jul

Aug

-0.3

-1.6

-2.6

-1.5

-2.3

-2.5

-0.9

-1.5

-2.8

-2.1

-2.5

-2.4

8.1

-9.6

-2.2

-3.4

-7.4

-1.1

3.3

3.6

4.1

2.9

2.9

5.5

-8.1

-0.5

-7.3

-9.4

2.0

0.4

2.9

1.0

1.0

2.2

1.9

1.7

-0.4

-3.9

-6.8

-3.5

-5.6

-3.8

:

:

:

:

:

:

c

c

c

c

c

c

:

:

:

:

:

:

1.0

-4.3

-4.8

1.7

0.2

1.1

-2.4

-4.2

-5.6

-1.8

-5.1

-5.3

14.5

15.0

15.3

12.9

17.3

:

4.3

9.2

8.3

4.1

7.3

-0.3

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

-4.8

-5.7

-3.1

-4.6

-9.4

:

-3.7

16.3

9.6

-1.3

-6.2

-6.0

:

:

:

:

:

:

-3.2

0.7

-3.1

-6.2

-6.6

2.5

-4.0

-0.3

0.4

-1.2

-0.1

-0.6

c

c

c

c

c

c

0.5

4.9

0.4

2.6

2.5

2.0

-0.6

12.3

-3.2

-4.6

-6.0

-3.2

-8.2

-4.8

-6.3

-20.3

-13.1

-17.1

-5.7

4.9

-4.1

-5.5

-7.2

-10.9

-8.6

-5.6

-1.5

-6.7

1.3

-0.4

-8.2

-4.8

-7.7

-7.5

-7.0

1.1

-1.5

-1.1

-1.8

-2.4

0.8

-1.4

Monthly indices for production in construction,
calendar and seasonally adjusted

(base year 2021)

2024

Mar

Apr

May

Jun

Jul

Aug

103.9

103.3

102.4

103.0

102.5

102.6

103.4

103.3

102.2

102.6

102.3

102.7

103.6

99.4

99.7

99.3

101.6

98.3

103.7

103.3

103.8

102.9

103.4

105.1

96.9

100.4

95.2

95.2

101.9

100.2

107.3

106.2

106.3

106.9

107.0

107.2

95.2

94.1

91.2

92.3

91.4

91.7

:

:

:

:

:

:

c

c

c

c

c

c

:

:

:

:

:

:

97.2

95.5

96.1

96.6

97.3

96.6

99.3

98.3

97.3

99.1

96.8

97.4

121.8

122.5

123.8

122.3

128.5

:

134.3

136.1

136.6

135.4

137.3

134.8

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

93.6

93.7

95.1

93.9

88.7

:

96.5

105.0

101.8

95.1

95.9

93.9

:

:

:

:

:

:

105.1

105.3

105.6

104.4

103.5

110.0

98.7

100.8

99.7

99.8

100.7

99.7

c

c

c

c

104.2

103.7

108.3

111.7

107.9

112.0

111.1

110.9

126.1

133.4

125.2

126.2

126.5

132.5

137.6

134.7

135.8

121.6

124.4

120.6

75.8

81.6

79.4

78.6

77.2

73.9

89.8

90.1

92.0

90.0

92.2

91.2

88.9

89.9

88.1

88.3

87.9

94.2

101.5

101.6

101.4

101.1

101.6

101.6

Monthly indices for production in construction, calendar adjusted

(base year 2021)

2024

Mar

Apr

May

Jun

Jul

Aug

109.8

102.4

105.7

109.0

108.3

81.0

107.3

101.4

104.8

108.5

106.1

84.4

120.5

99.4

101.3

111.9

66.1

91.8

108.5

102.0

101.7

107.7

109.1

108.1

81.9

93.9

97.6

104.8

109.6

112.9

112.0

101.4

107.0

109.1

95.5

105.5

97.2

93.1

91.6

96.5

99.2

90.7

:

:

:

:

:

:

c

c

c

c

c

c

:

:

:

:

:

:

101.2

88.3

93.7

91.3

102.1

85.3

105.5

100.2

102.0

108.3

101.7

61.2

133.9

126.2

128.8

123.8

131.8

:

146.5

133.5

147.7

142.4

153.0

92.0

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

:

104.2

101.0

94.2

100.3

95.9

:

93.5

88.7

98.4

98.3

99.3

92.0

:

:

:

:

:

:

124.2

112.5

113.5

117.5

109.9

45.5

94.2

95.3

97.5

106.9

110.5

96.6

c

c

c

c

104.6

105.9

114.2

110.6

111.8

110.7

116.0

103.5

110.1

117.7

119.2

130.2

123.4

137.6

136.8

126.9

140.3

127.4

125.0

120.4

63.0

72.9

79.5

82.7

80.8

78.0

79.4

79.7

95.4

99.1

92.5

98.6

85.6

89.1

90.2

97.0

66.8

85.3

102.9

92.7

96.9

107.1

66.6

102.6

Notes for users

Revisions and timetable

Data of previous months have been revised compared with those issued in News Release of 18 September 2024. The monthly percentage change for July 2024 has been revised from 0.0% to -0.5% in the euro area and from +0.2% to -0.3% in the EU. The annual percentage change has been revised from -2.2% to -2.3% in the euro area and from -2.4% to -2.5% in the EU.

Methods and definitions

The index of production in construction approximates the evolution of the volume of production within the sector, broken down into construction of buildings, civil engineering and specialised construction activities according to NACE rev. 2 activity classification.

Seasonally adjusted euro area and EU series are calculated by aggregating the seasonally adjusted national data. Eurostat carries out the seasonal adjustment of the data for those countries that do not adjust their data for seasonal effects.

The monthly index as presented in this News Release is calculated only on the basis of the data of those countries reporting monthly data. Missing observations from Member States for recent months are estimated for the calculation of the euro area and the EU aggregates.

Starting with reference period January 2024, the base year of the data has been changed to 2021, since 2018 the base year had been 2015. More information on the reasons for and impact of the base year change can be found in the related Statistics Explained article.

Geographical information

The euro area (EA20) includes Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland.

The European Union (EU27) includes Belgium, Bulgaria, Czechia, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, the Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland and Sweden.

Estonia, Greece, Croatia, Cyprus, Latvia, Lithuania, Luxembourg and Malta are not required to supply monthly data within 1 month and 15 days after the end of the reference month under Regulation (EU) 2019/2152.

For more information



Source link

Leave a Reply