19.09.201807:06:00UTC+00Eurozone Construction Output Rises At Slower Pace

Eurozone construction output grew at a slower pace in July reflecting contraction in civil engineering, Eurostat reported Wednesday.

Construction output rose 0.3 percent month-on-month, slower than the 0.7 percent increase in June. This was the fourth consecutive rise in production.

Building construction advanced 1.9 percent, while civil engineering fell 4.4 percent in July.

On a yearly basis, production in construction advanced 2.6 percent, following June's 3 percent expansion.

In the EU28, the increase of 0.4 percent in overall output was due to building construction rising 1.7 percent, while civil engineering fell 3.9 percent.