Romania ranks first in construction production among EU members in June 2015

Newsroom 19/08/2015 | 15:08

Eurostat recent data shows that Romania has registered the highest increase in construction production among EU countries, reaching 3.5 percent.

 

In June 2015 compared with May 2015, seasonally adjusted production in the construction sector fell by 1.1 percent in the EU-28. This was mainly due to civil engineering falling by 1.7 percent and building construction by 0.9 percent.

Among member states for which data are available, the highest decreases in production in construction were recorded in Germany (down 4.5 percent), Poland (down 4.2 percent), Sweden (down 2.7 percent) and France (down 2.5 percent), and the highest increases in Romania (up 3.5 percent), Bulgaria (up 2.6 percent) and the United Kingdom (up 2.5 percent).

Year on year, construction production fell in June 2015 0.4 percent in the EU-28, due to building construction falling by 0.6 percent, despite civil engineering registering an increase of 1 percent.

Among member states for which data are available, the largest decreases in production in construction were recorded in Slovenia (down 12.2 percent), France (down 6.8 percent), Poland (down 4.7 percent) and Germany (down 3.9 percent), and the highest increases in Slovakia (up 24.1 percent), the Netherlands (up 15.8 percent), Romania (up 13.1 percent) and Sweden (up 10.8 percent).

Data released by the National Statistics Institute (INS) show production in construction in Romania increased in H1, 2015 in both gross series and in adjusted series for business days and seasonality by 10.3 percent and 10.9 percent respectively from H1, 2014. Annually, the production was up also both in unadjusted terms and in adjusted terms, 13 percent and 13.5 percent, respectively, while on a monthly basis it was up 21.9 percent in gross series and 3.5 percent in adjusted series.

The Euro area (EA-19) also recorded negative results, with construction production falling 1.1 percent in June 2015 against May, while year on year it registered a 2.3 percent drop.

Natalia Martian

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