Financial News: Eurozone Construction Output Falls 0.1%

Eurozone Construction Output Falls 0.1%

11/20/2024 - 05:38:00 (RTTNews)

(RTTNews) - Eurozone construction production decreased marginally in September, data from Eurostat showed on Wednesday.

Construction output dropped 0.1 percent monthly after remaining flat in in August.

The overall contraction in output was mainly driven by the 0.8 percent fall in construction of buildings and the 0.4 percent fall in specialized construction activities. On the other hand, civil engineering activity showed an increase of 1.4 percent.

The yearly decline in construction output eased to 1.6 percent from 2.5 percent.

Construction output in the EU also fell slightly by 0.1 percent on month and decreased 2.0 percent annually.

The largest monthly decreases in production in construction were recorded in Czechia, Slovakia, and the Netherlands. Meanwhile, the highest increases were observed in Romania, Italy, Spain, and Slovenia.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Singapore Inflation Data Due On Monday (02 hr(s), 05 min(s), 29 sec(s) ago)
(RTTNews) - Singapore will on Monday release November numbers for consumer prices, highlighting a ...Full Story»

U.S. Consumer Sentiment Improves In Line With Preliminary Estimate In December (09 hr(s), 23 min(s), 29 sec(s) ago)
(RTTNews) - The University of Michigan released a report on Friday showing consumer sentiment in t ...Full Story»

U.S. Consumer Prices Inch Higher In November, Annual Growth Accelerates Slightly Less Than Expected (09 hr(s), 54 min(s), 29 sec(s) ago)
(RTTNews) - Consumer prices in the U.S. crept slightly higher in the month of November, according ...Full Story»

Slovenia Producer Prices Fall At Slower Rate (10 hr(s), 08 min(s), 29 sec(s) ago)
(RTTNews) - Slovenia's producer prices continued their declining trend in November, figures fr ...Full Story»

Croatia Jobless Rate Rises To 5.0% (10 hr(s), 23 min(s), 29 sec(s) ago)
(RTTNews) - Croatia's unemployment rate increased for the second straight month in November, f ...Full Story»

Denmark Economy Grows Less Than Estimated In Q3 (10 hr(s), 41 min(s), 29 sec(s) ago)
(RTTNews) - The Danish economy expanded less than initially estimated in the third quarter, the ...Full Story»

U.S. Consumer Prices Inch Up Slightly Less Than Expected In November (10 hr(s), 56 min(s), 29 sec(s) ago)
(RTTNews) - Consumer prices in the U.S. crept slightly higher in the month of November, according ...Full Story»

Sweden Producer Prices Rise, Retail Sales Growth Remains Stable (11 hr(s), 04 min(s), 29 sec(s) ago)
(RTTNews) - Producer prices in Sweden increased for the first time in three months in November, wh ...Full Story»