Romania has second highest increase in construction volumes in EU

Newsroom 20/10/2015 | 16:40

Romania recorded a 10.4 percent increase in construction volumes in August over the same month of the previous year, according to first estimates from Eurostat, the statistical office of the European Union. This is the second highest increase among European Union (EU28) members, after Sweden, which recorded a 13 percent increase and above the 9.8 percent registered by Slovakia.

Among member states for which data are available, the largest decreases in production in construction were recorded in Slovenia (15.5 percent), France (9.2 percent) and Hungary (6.1 percent).

The EU28 saw an average of 5 percent decrease, mainly due to building construction falling by 6.1 percent and civil engineering by 0.8 percent. The euro area (EA19) also saw lower values (6 percent), with building construction falling by 6.3 percent and civil engineering by 5.5 percent.

However, against the previous month, construction volumes in Romania saw a 0.5 percent drop, while in the second quarter of 2015 there was a 1.7 percent fall over Q1 2015.

In August 2015 compared with July 2015, seasonally adjusted production in the construction sector fell by 1.2 percent in the EU28 and by 0.2 percent in the euro area. In July 2015, construction volumes grew by 0.4 percent in both zones.