Economic Buzz: Eurozone Construction Ouptut Tanks 3.1% On Month In December

Economic Buzz: Eurozone Construction Ouptut Tanks 3.1% On Month In December

Feb 19, 2020 11:02 IST capital market

Eurozone construction output fell in December after rising in the previous month, Eurostat reported on Wednesday. The construction output dropped 3.1% month-on-month in December, after a 0.7% rise in November. The decline was driven by a 3.6% decrease in building construction and a 1.4% fall in civil engineering. On a year-on-year basis, the construction output dropped 3.7% in December, after a 1.4% gain in the prior month.

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