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AlwaysFree: Production In Construction Up By 3.9% In The Euro Area And By 3.5% In The EU

Author: SSESSMENTS

  • Up by 0.9% and 1.4% compared with January 2022

According to European Statistics press release on March 21, 2023, in January 2023 compared with December 2022, seasonally adjusted production in the construction sector increased by 3.9% in the euro area and by 3.5% the EU, according to first estimates from Eurostat, the statistical office of the European Union. In December 2022, production in construction fell by 2.3% in the euro area and by 2.0% in the EU. 

In January 2023 compared with January 2022, production in construction increased by 0.9% in the euro area and by 1.4% in the EU.

Monthly comparison by construction sector and by Member State 

In the euro area in January 2023, compared with December 2022, building construction increased by 4.2% and civil engineering by 3.0%. 

In the EU, building construction increased by 3.6% and civil engineering by 2.3%.

Among Member States for which data are available, the highest monthly increases in production in construction were recorded in Germany (+12.6%), Slovenia (+9.8%) and Poland (+7.0%). The largest decreases were observed in Hungary (-5.0%), Romania (-4.3%) and Belgium (-1.5%). 

Annual comparison by construction sector and by Member State 

In the euro area in January 2023, compared with January 2022, building construction increased by 1.4%, while civil engineering decreased by 1.9%. 

In the EU building construction increased by 1.5% and civil engineering by 0.5%. 

Among Member States for which data are available, the highest annual increases in production in construction were observed in Slovenia (+26.7%), Slovakia (+14.7%) and Portugal (+6.3%). The largest decreases were recorded in Belgium (-4.7%), Hungary (-3.6%) and Finland (-2.7%).

Geographical information 

Up to 31 December 2022, the euro area (EA19) included Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland. From 1 January 2023 the euro area (EA20) also includes Croatia.

The aggregate data series commented on in this News Release refer to the official composition of the euro area in the most recent month for which data is available. Thus, News Releases with data for months up to December 2022 commented on EA19 series, while Releases with data for January 2023 onwards comment on EA20 series. 

The European Union (EU27) includes Belgium, Bulgaria, Czechia, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, the Netherlands, Austria, Poland, Portugal, Romania, Slovenia, Slovakia, Finland and Sweden.

Estonia, Greece, Croatia, Cyprus, Latvia, Lithuania, Luxembourg and Malta are not required to supply monthly data within 1 month and 15 days after the end of the reference month under Regulation (EU) 2019/2152. Ireland has a derogation to remain with quarterly frequency and Denmark to have a longer deadline until the end of 2023. 

Methods and definitions 

The index of production in construction approximates the evolution of the volume of production within the sector, broken down into building construction and civil engineering. 

Seasonally adjusted euro area and EU series are calculated by aggregating the seasonally adjusted national data. Eurostat carries out the seasonal adjustment of the data for those countries that do not adjust their data for seasonal effects. 

The monthly index as presented in this News Release is calculated only on the basis of the data of those countries reporting monthly data. Missing observations from Member States for recent months are estimated for the calculation of the euro area and the EU aggregates.

Revisions and timetable 

Data of previous months have been revised compared with those issued in News Release 23/2023 of 20 February 2023. The monthly percentage change for December 2022 was revised from -2.5% to -2.3% in the euro area (EA19) and remained unchanged at -2.0% in the EU. The annual percentage change has been revised from -1.3% to -0.6% in the euro area (EA19) and from -0.4% to -0.1% in the EU.

Eurostat Press Office 

Veronika LANG Tel: +352-4301-33 408 eurostat-pressoffice@ec.europa.eu 

For further information on data: 

Carola DAHLSTRÖM Tel: +352-4301-33 792 carola.dahlstroem@ec.europa.eu 

Media requests: 

eurostat-mediasupport@ec.europa.eu / Tel: +352-4301-33 408

Tags: All Products,AlwaysFree,English,Europe

Published on April 13, 2023 12:27 PM (GMT+8)
Last Updated on April 13, 2023 12:27 PM (GMT+8)