Eurozone May construction output +27.9% vs -14.6% m/m prior

Author: Justin Low | Category: News

Latest data released by Eurostat - 17 July 2020

  • Prior -14.6%; revised to -18.3%
  • Construction output -11.9% y/y
  • Prior -28.4%; revised to -31.0%
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Construction activity rebounded in May amid the easing of lockdown restrictions in the region but are still largely subdued as compared to conditions seen a year ago. The revised readings also saw the April drop being much steeper than initially reported last month.

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