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Financial News: Eurozone Construction Output Grows In July

Eurozone Construction Output Grows In July

09/17/2021 - 05:43:00 (RTTNews)

(RTTNews) - Eurozone's construction output grew for the first time in four months in July, data from Eurostat showed on Friday.

The construction output gained 0.1 percent month-on-month in July, after a 0.6 percent decrease in June.

Production in building construction increased 0.4 percent monthly in July, while output in civil engineering declined 1.7 percent.

On a year-on-year basis, the construction output gained 3.3 percent in July, after a 4.1 percent growth in the prior month.

In the EU27, the construction output fell 0.1 percent monthly, and gained 3.8 percent from a year ago.

Among member states, the largest decrease were recorded in Slovenia, Romania and Austria, while the increase were observed in Sweden, Germany and France.

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