Production in the euro area construction sector increased by 0.5% in January compared with December; production increased by 0.8% year-over-year: Eurostat

LUXEMBOURG , March 20, 2024 (press release) –

Up by 0.8% in the euro area and by 0.1% in the EU compared with January 2023
Overview
In January 2024, compared with December 2023, seasonally adjusted production in construction increased by 0.5% in the euro area and decreased by 1.0% in the EU, according to first estimates from Eurostat, the statistical office of the European Union. In December 2023, production in construction grew by 0.5% in the euro area and by 1.3% in the EU.

In January 2024 compared with January 2023, production in construction increased by 0.8% the euro area and by 0.1% in the EU.

Monthly comparison by construction sector and by Member State
In the euro area in January 2024, compared with December 2023, production in construction

• decreased by 2.1% for construction of buildings,
• increased by 1.0% for civil engineering,
• increased by 0.5% for specialised construction activities.

In the EU, production in construction

• decreased by 2.7% for construction of buildings,
• decreased by 0.8% for civil engineering,
• increased by 0.5% for specialised construction activities.

Among Member States for which data are available, the largest monthly decreases in production in construction were recorded in Romania (-34.3%), Poland (-16.5%) and the Netherlands (-9.9%). The highest increases were observed in Hungary (+10.2%), Germany (+2.7%) and Sweden (+2.4%).

Annual comparison by construction sector and by Member State
In the euro area in January 2024, compared with January 2023, production in construction

• decreased by 2.4% for construction of buildings,
• increased by 2.8% for civil engineering,
• increased by 0.9% for specialised construction activities.

In the EU, production in construction

• decreased by 2.9% for construction of buildings,
• increased by 1.8% for civil engineering,
• increased by 0.7% for specialised construction activities.

Among Member States for which data are available, the highest annual increases in production in construction were recorded in Hungary (+17.1%), Spain (+15.1%) and Portugal (+3.9%). The largest decreases were observed in the Netherlands (-15.7%), Romania (-14.7%) and Slovakia (-12.8%).

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