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As on: Sep 15, 2019 09:27 PM
Economic Buzz: Eurozone Construction Output Declines In March
17-May-19   17:11 Hrs IST
Eurozone construction output declined a calendar and seasonally adjusted 0.3 percent month-on-month in March, after a 3.0 percent rise in February, amid a decline in building activity and slower growth in civil engineering, data from the statistical office Eurostat showed on Friday. Output fell 1.0 percent in January. Building construction declined 0.6 percent, while the growth in civil engineering eased to 0.4 percent. On a yearly basis, construction production rose a calendar adjusted 6.3 percent year-on-year in March, following a 7.6 percent increase in the previous month.

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