Eurozone January construction output -1.4% vs -0.4% m/m prior
Latest data released by Eurostat - 19 March 2019
- Prior -0.4%; revise to +1.1%
- Construction output -0.7% y/y
- Prior +0.7%; revised to +2.1%
A poor reading here but the negativity is slightly tempered with by the more positive revisions. That said, it's not pretty but given the fact that this is January data, it matters little to the overall Eurozone outlook.