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Financial News: Eurozone Construction Output Growth Improves For Third Mon

Eurozone Construction Output Growth Improves For Third Month

07/18/2018 - 06:50:00 (RTTNews)

(RTTNews) - Eurozone's construction output growth improved for a third straight month, preliminary data from Eurostat showed Wednesday.

Construction output rose 1.8 percent year-on-year after a 1.2 percent increase in April. Output climbed for a third straight month after stagnation in February.

Civil engineering output grew 3.3 percent and building construction increased 1.3 percent.

On a month-on-month basis, construction output rose 0.3 percent in May after a 1.4 percent gain in April. Output increased for a second month in a row after declining for three months.

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