Up 0.3% in Euro Area and 0.2% in EU

The Statistical Office of the European Union (Eurostat) is reporting that construction is marginally up across Europe.

Production in the construction sector increased by 0.3 per cent in the Euro Area and by 0.2 per cent in the European Union (EU) in July 2022 compared to the previous month.

In June 2022, production in construction decreased by 1.2 per cent in the Euro Area and by 1.3 per cent in the EU. A comparison of July 2022 versus July 2021 revealed that production in construction increased by 1.5 per cent in the Euro Area and by 1.3 per cent in the EU.

In July 2022, relative to June 2022, civil engineering in the Euro Area decreased by 0.6 per cent, while building construction rose by 0.3 per cent. For the same comparable period, civil engineering in the EU decreased by 0.9 per cent, while building construction rose by 0.2 per cent.

Construction number by states

Among the member states for which data are available, the largest month-over-month decreases in production in construction were recorded in Austria and Slovenia (both -4.2%), Czechia (-2.9%) and Sweden (-1.3%). The largest month-over-month increases were observed in Spain (+6.7%), Hungary (+5.7%) and Slovakia (+3.1%).

As it relates to the annual comparison, civil engineering increased by 1.7 per cent and building construction by 1.4 per cent in the Euro Area in July 2022 relative to July 2021. In the EU, civil engineering increased by 1.3 per cent and building construction by 1.2 per cent.

Among the member states for which data are available, the largest annual decreases in production in construction were observed in Sweden (-8.7%), Spain (-5.2%) and Czechia (-2.7%). The largest annual increases were recorded in Slovenia (+28.5%), Romania (+8.3%) and Austria (+7.6%).