EMU DATA: EMU December construction output +0.3% m/m, +7.8% y/y
–November construction output revised down +0.2% m/m (+0.8%)
–4Q construction output -1.8% q/q, 3Q +0.2%, 2Q +0.4%
–4Q average construction output -1.9% vs 3Q average, 3Q +0.2% q/q
–3mm average construction output (Oct-Dec vs Sep-Nov) -0.2%
–December structural const +1.5% m/m; civil engineering -2.6% m/m
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EMU DATA: EMU December construction output +0.3% y/y.
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