Home Latest News & Insights EU CONSTRUCTION DOWN 0.1% IN MARCH 2024

EU CONSTRUCTION DOWN 0.1% IN MARCH 2024

May 21, 2024
plant building

EU Construction down. In March 2024, EU construction production fell by 0.1%, while the euro area saw a slight 0.1% increase, according to Eurostat.

In February 2024, construction production grew by 0.4% in the euro area and 0.5% in the EU.

In the euro area, construction of buildings dropped by 1.5%, civil engineering rose by 0.6%, and specialized activities increased by 0.6%.

In the EU, building construction fell by 2.6%, civil engineering by 0.8%, but specialized activities rose by 0.5%.

Notable monthly declines occurred in Czechia, Slovakia, and Slovenia, while Romania, France, Belgium, and Germany showed increases.

Compared to March 2023, EU production decreased by 0.7%, whereas the euro area saw a 0.1% rise.