June 26, 2023

In April 2023 compared with March 2023, seasonally adjusted production in the construction sector decreased by 0.4% both in the euro area and in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In March 2023, production in construction fell by 1.7% in the euro area and by 1.6% in the EU. In April 2023 compared with April 2022, production in construction increased by 0.2% in the euro area and decreased by 0.1% in the EU.

Monthly comparison by construction sector and by Member State

In the euro area in April 2023, compared with March 2023, building construction decreased by 0.6%, while civil engineering increased by 0.4%.
In the EU, building construction decreased by 0.5%, while civil engineering increased by 0.1%. Among Member States for which data are available, the largest monthly decreases in production in construction were recorded in Slovenia (-6.6%), the Netherlands (-5.3%) and Romania (-4.2%). The highest increases were observed in Belgium (+3.0%), Germany (+2.0%) and France (+0.8%).

Annual comparison by construction sector and by Member State

In the euro area in April 2023, compared with April 2022, civil engineering increased by 3.9%, while building construction decreased by 0.3%.
In the EU building construction decreased by 0.9%, while civil engineering increased by 3.9%. Among Member States for which data are available, the largest annual decreases in production in construction were observed in Slovakia (-6.9%), Czechia (-6.4%) and Finland (-5.5%). The highest increases were recorded in Slovenia (+23.3%), Romania (+12.6%) and Belgium (+8.7%).


Source: Eurostat
Legal Notice: The information in this article is intended for information purposes only. It is not intended for professional information purposes specific to a person or an institution. Every institution has different requirements because of its own circumstances even though they bear a resemblance to each other. Consequently, it is your interest to consult on an expert before taking a decision based on information stated in this article and putting into practice. Neither Karen Audit nor related person or institutions are not responsible for any damages or losses that might occur in consequence of the use of the information in this article by private or formal, real or legal person and institutions.