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Financial News: Eurozone Construction Output Falls In August

Eurozone Construction Output Falls In August

10/19/2021 - 06:47:00 (RTTNews)

(RTTNews) - Eurozone construction output declined in August after rising for the first time in four months in July, data from Eurostat showed on Tuesday.

Construction output declined 1.3 percent month-on-month in August, in contrast to a 0.1 percent rise in July.

Building output decreased 1.3 percent and civil engineering fell 1.9 percent.

On a yearly basis, construction output was down 1.6 percent after rising 3.5 percent in July.

Construction output in the EU27 fell 1.8 percent month-on-month and by 1 percent from the last year.

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