CEPI - European Association of Real Estate Professions

March 2014 saw slight falls in production in construction compared with February 2014, according to recent estimates from Eurostat. In the euro area the reduction was 0.6% and in the EU28 it was 0.5%. In February 2014 production in construction rose by 0.4% in the euro area and 0.5% in the EU28 respectively. In March 2014 compared with March 2013, production in construction increased by 5.2% in the euro area and by 5.3% in the EU28.

The largest decreases in production in March on a monthly basis were in Portugal (-3.0%), the Netherlands (-2.6%) and Germany (-2.2%) and the highest increases in Romania (+10.3%), Slovenia (+8.9%) and Italy (+1.9%). On an annual basis (March 2014 compared to March 2013) the highest increases in production in construction were registered in Slovenia (+44.9%), Hungary (+34.1%), Spain (+19.1%) and Poland (+18.4%) and the largest decreases in Portugal (-13.8%), Sweden (-2.8%) and Italy (-1.4%). 

The index of production in construction approximates the evolution of the volume of production within the sector, broken down into building construction and civil engineering. 

More detailed information is available at http://europa.eu/rapid/press-release_STAT-14-79_en.htm?locale=en  .