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| Production in the construction sector up by 0.2% in the euro-zone In the construction sector, seasonally adjusted production grew by 0.2% in the euro-zone and by 0.1% in the EU25 in the third quarter of 2005, compared to the previous quarter. In the second quarter of 2005, production rose by 2.0% in both the euro-zone and the EU25. Compared to the third quarter of 2004, output in the third quarter of 2005 rose by 0.3% in the euro-zone and by 0.9% in the EU25, after a fall of 0.5% and an increase of 0.3% respectively in the second quarter of 2005. These first estimates are released by Eurostat, the Statistical Office of the European Communities. Among the Member States for which data are available for the third quarter of 2005, production in construction rose in fourteen Member States and fell in five. The most significant increases were recorded in Hungary (+6.5%), Estonia (+6.1%), Latvia (+5.5%) and the Czech Republic (+4.1%). The most significant decreases were registered in Slovenia (-3.6%), Belgium and Austria (both -1.6%) and Ireland (-0.7%). Building construction fell by 0.3% in both the euro-zone and the EU25, after increases of 1.8% and 2.2% respectively during the second quarter of 2005. Civil engineering grew by 0.4% in the euro-zone but decreased by 0.1% in the EU25, after increases of 1.7% and 0.1% respectively in the previous quarter. In the third quarter of 2005, among the Member States for which data are available, production in construction rose in thirteen Member States and fell in six. The largest increases were recorded in Estonia (+28.3%), Hungary (+22.3%) and Slovakia (+16.8%). The most significant falls were registered in Portugal (-3.9%), Germany (-3.8%) and Belgium (-2.1%). Building construction fell by 0.3% in the euro-zone, but rose by 0.8% in the EU25, after a fall of 0.6% and an increase of 0.6% respectively in the second quarter of 2005. Civil engineering increased by 0.3% in the euro-zone, but dropped by 0.9% in the EU25 after falls of 0.5% and 2.5% respectively in the preceding quarter. write your comments about the article :: © 2005 Construction News :: home page |