Eurostat: Romania’s production in construction down 6.9 pct in Q4 2013

Romania’s seasonally adjusted production in the construction sector dropped by 1.1 percent in December 2013 compared to the previous month and by 6.9 percent in the fourth quarter of last year against the third quarter, according to data from Eurostat, the statistical office of the European Union.

Overall, adjusted production in the construction sector grew by 0.9 percent in the euro area (EA17) and by 1.0 percent in the EU28, according to first estimates from Eurostat. In November 2013, production in construction fell by 0.2 percent and 0.8 percent respectively. In December 2013 compared with December 2012,production in construction dropped by 0.2 percent in the euro area, but rose by 0.8 percent in the EU28.

Average production in construction for the year 2013, compared with 2012, dropped by 2.9 percent in the euro area and by 2.2 percent in the EU28.

Production in construction (% change compared with the previous quarter / previous month)

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                         Q1-13           Q2-13          Q3-13         Q4-13        Jul-13        Aug-13       Sep-13       Oct-13      Nov-13         Dec-13

Romania     -0.9                0.2               8.6              -6.9             9.5                 -1.5                -6.7                2.4              -5.7                -1.1

EU28              -3.3                1.4                2.0             -0.5             1.1                   0.1                -0.4              -0.2              -0.8                  1.0

Monthly comparison

Production in construction rose in nine member states and fell in six in December 2013 m-o-m. The highest increases were reported in the Czech Republic (+6.0 percent), France (+4.5 percent) and Slovakia (+2.9 percent), and the largest decreases in Slovenia (-17.2 percent), Poland (-4.1 percent) and Spain (-3.3 percent).

Building construction grew by 0.6 percent in the euro area and by 0.7 percent in the EU28, after 0.7 percent and -1.0 percent respectively in November 2013. Civil engineering gained 3.8 percent in the euro area and 3.5 percent in the EU28, after +1.1 percent and -0.7 percent respectively in the previous month.

Annual comparison

Production in construction fell in five and rose in ten member states. The largest decreases were registered in Portugal (-14.1 percent), Italy (-8.8 percent) and Spain (-4.7 percent), and the highest increases in Hungary (+11.5 percent), Slovakia (+9.2 percent) and the United Kingdom (+6.8 percent).

Building construction dropped by 0.9 percent in the euro area, but increased by 0.1 percent in the EU28, after -1.3 percent and -0.8 percent respectively in November 2013. Civil engineering rose by 1.7 percent in the euro area and by 2.3 percent in the EU28, after -2.6 percent and -3.7 percent respectively in the previous month.

Simona Bazavan