Everything About Forex

Interest Rates

Powered By GreenForexClub.

Friday, May 17, 2019

Eurozone Construction Output Falls In March

Eurozone construction output fell in March, after rising in the previous month, amid a decline in building activity and slower growth in civil engineering, data from the statistical office Eurostat showed on Friday. Construction output declined a calendar and seasonally adjusted 0.3 percent month-on-month in March, after a 3.0 percent rise in February. 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. In the EU28, construction output fell 0.7 percent in March after 2.6 percent rise in the prior month. On a year-on-year basis, output rose 5.8 percent in March following a 6.6 percent increase in February.

     Posted By

No comments:

Post a Comment