Eurozone construction output recovered in November, Eurostat reported Friday.
Construction output increased 0.7 percent on a monthly basis, in contrast to a 0.5 percent fall in October.
The recovery was driven by a 1.1 percent rise in building construction and a 0.3 percent rise in civil engineering.
On a yearly basis, construction output growth accelerated to 1.4 percent from 0.9 percent a month ago.
In the EU28, construction output increased 1.1 percent on month, taking the annual growth to 1.4 percent.
The material has been provided by InstaForex Company – www.instaforex.com
- Australian, NZ Dollars Firm On Hopes For Stimulus Deal - October 1, 2020
- *Spain September Factory PMI 50.8 Vs. 49.9 In August, Consensus 50.5 - October 1, 2020
- Russia Manufacturing Shrinks On Weaker Demand - October 1, 2020