Economic Buzz: Eurozone Construction Output Up 0.3% On Month In July

19 Sep 2022 , 04:23 PM

Eurozone construction output rose 0.3 percent month-over-month in July, reversing a 1.2 percent decrease in June, which, preliminary data from Eurostat showed on Monday. Production in the building sector made a positive contribution of 0.3 percent, while civil engineering activity contracted 0.6 percent, though at a slower rate than a month ago. On a yearly basis, growth in construction output improved to 1.5 percent in July from 1.3 percent in June. The rate for June was revised up notably from 0.1 percent. Powered by Commodity Insights