April 22, 2024
In February 2024, compared with January 2024, seasonally adjusted production in construction increased by 1.8% in both the euro area and the EU, according to first estimates from Eurostat, the statistical office of the European Union. In January 2024, production in construction grew by 0.2% in the euro area and fell by 1.2% in the EU.
In February 2024, compared with February 2023, production in construction decreased by 0.4% the euro area and by 0.6% in the EU
Monthly comparison by construction sector and by Member State
In the euro area in February 2024, compared with January 2024, production in construction
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increased by 3.5% for construction of buildings,
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increased by 4.1% for civil engineering,
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increased by 1.7% for specialised construction activities.
In the EU, production in construction
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increased by 3.4% for construction of buildings,
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increased by 3.6% for civil engineering,
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increased by 1.3% for specialised construction activities.
Among Member States for which data are available, the highest monthly increases in production in construction were recorded in Austria (+9.3%), Germany (+7.9%) and Slovenia (+6.3%). The largest decreases were observed in Hungary (-8.5%), France (-2.1%) and Sweden (-0.9%).
Annual comparison by construction sector and by Member State
In the euro area in February 2024, compared with February 2023, production in construction
-
decreased by 2.5% for construction of buildings,
-
increased by 4.9% for civil engineering,
-
decreased by 0.1% for specialised construction activities.
In the EU, production in construction
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decreased by 2.8% for construction of buildings,
-
increased by 4.2% for civil engineering,
-
decreased by 0.5% for specialised construction activities.
Among Member States for which data are available, the largest annual decreases in production in construction were recorded in the Netherlands (-12.9%), Finland (-6.9%) and Austria (-5.9%). The highest increases were observed in Spain (+8.3%), Portugal (+4.4%) and Czechia (+3.7%).
Source: Eurostat
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