Euro Area Construction Output Drops 1.4% In September

Eurozone's construction production decreased in September after recording growth in the previous two months, preliminary data released by statistical office Eurostat showed Monday.

Construction output decreased a seasonally adjusted 1.4 percent month-on-month in September, reversing the 0.6 percent rise seen in August. In July, production had increased by 0.3 percent.

Building construction decreased by 2.3 percent sequentially, while civil engineering activity increased by 0.7 percent during the month.

Total production in EU27 was lower by 1.8 percent compared to August, when it increased 0.2 percent. Among member states, the largest decreases in overall output were registered in Portugal, Italy, Romania and the United Kingdom. The largest increases were seen in Slovenia, Germany and Sweden.

On an annual basis, overall construction output decreased at a faster rate of 2.6 percent in September than 1.4 percent in August. In EU27, production fell by 5.8 percent year-on-year.