Eurozone construction output dips in September, EU flat

(Sharecast News) - Construction output in the euro area slipped in September, with building activity continuing to weigh on sector performance, according to Eurostat. Seasonally adjusted production in construction fell 0.5% month-on-month across the euro area, while output was flat across the wider EU. That followed respective declines of 0.2% and 0.8% in August. Compared with September 2024, euro area output was down 0.3%, while EU output rose 0.5%.

Building construction dropped 1.3% in the euro area and 0.7% in the EU on the month, while specialised construction activity ticked lower. Civil engineering was the only segment to post growth, up 0.2% in the euro area and 1.5% in the EU.

Among member states, Czechia, Spain and France saw the steepest monthly declines, while Hungary, Romania and Slovenia posted the strongest gains.

On an annualised basis, euro area building construction fell 4.1%, while civil engineering rose 2.0% and specialised activity was up 0.9%. In the EU, building construction dropped 2.5%, offset by gains of 2.6% in civil engineering and 1.5% in specialised works.

Slovenia, Slovakia and Hungary led annual growth, while Spain, Austria and Germany posted the largest declines.









Reporting by Iain Gilbert at Sharecast.com