Advertisement

Construction up slightly in eurozone

BRUSSELS, June 17 (UPI) -- The European Union's statistical office Eurostat said construction spending rose 0.7 percent in the eurozone in April compared with March.

The eurozone designates the 17 member states that use the euro as currency. In the full European Union, comprised of 27 member states, construction dropped by 0.9 percent month-to-month, Eurostat said.

Advertisement

From a year earlier, construction outlays dropped 2 percent in the eurozone and 1.2 percent in the 27-member European Union.

For the month, construction spending dropped most sharply in Britain, down 13.3 percent, followed by Germany, where spending dropped 5.7 percent.

Construction spending rose 1.6 percent in Sweden, 0.7 percent in France and 0.5 percent in Poland.

On an annual basis, construction spending rose 18.7 percent in Poland and 8.1 percent in Sweden. The largest annual declines were 27.3 percent in Slovenia and 22.8 percent in Bulgaria.

Latest Headlines

Advertisement

Trending Stories

Advertisement

Follow Us

Advertisement