CEPI - European Association of Real Estate Professions

According to the latest figures published by the EU’s statistical office Eurostat, in October 2014 compared with September 2014, production in construction was up by 1.3% in the euro area and by 0.4% in the EU28. In September 2014 production in construction fell by 1.0% and 0.3% respectively. In October 2014 compared with October 2013, production in construction grew by 1.4% in the euro area and by 1.5% in the EU28.

The increase of 1.3% in production in construction in the euro area in October 2014, compared with September 2014, is due to building construction rising by 1.4% and civil engineering by 0.3%. In the EU28, the increase of 0.4% is due to building construction rising by 0.4% and civil engineering by 0.2%. On a monthly basis the highest increases in production in construction were observed in Hungary (+4.0%), Italy (+3.2%), and the largest decreases in Romania (-6.1%) and the United Kingdom (-2.2%). 

The increase of 1.4% in production in construction in the euro area in October 2014, compared with October 2013, is due to building construction rising by 1.8%, while civil engineering fell by 0.4%. In the EU28, the increase of 1.5% is due to building construction rising by 2.3%, while civil engineering fell by 1.5%. On an annual basis, the highest increases in production were registered in Hungary (+15.8%), Spain (+13.9%) and Sweden (+10.5%), and the largest decreases in Romania (-11.3%), Portugal (-5.7%), Italy (-4.3%) and Slovakia (-4.2%). 

Further information is available at http://ec.europa.eu/eurostat/documents/2995521/6392776/4-18122014-BP-EN.pdf/4870ee9f-6f74-444f-aca3-0d406fe5e510  .