EMU DATA: Construction output recovered 0.1% on the..

EMU DATA: Construction output recovered 0.1% on the month in May
after April’s 3.7% slide, Eurostat reported on Wednesday. The
annual shortfall in production, however, widened to 8.4%, the
largest since February.
— EMU April construction output rev down -3.7% m/m (-2.7%)
— EMU 1q const. output rev -4.2% q/q (-4.0%), 4q -1.7%, 3q +0.4%
— EMU April+May avg const output -0.2% vs 1q avg, 1q -4.2% q/q
— EMU 3mm avg const output (March-May vs February-April) +2.2%, April
-1.1%
— EMU May structural const -0.2% m/m;civil engineering +0.6% m/m
— See MNI MainWire for details