Romania Sees Biggest Monthly Rise In EU’s June Constr Output

Romania’s June construction output posted the highest monthly increase in the European Union, the EU’s statistics agency Eurostat said Wednesday.

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Eurostat’s seasonally adjusted data showed construction output in Romania rose 9.3% in June, from a -1.1% decline the previous month.

Construction in the EU27 bloc dropped by 3.3% from May, when it fell 2.5%.

Compared with June 2008, construction output in June fell 6.2% in Romania and by 14.1% in the European Union.

Germany and Poland were the only two member states that posted annual increases in the construction sector in June, of 1.2% and 0.6%, respectively.

The sharpest annual declines were seen in Sweden (-16.6% from June 2008), Slovenia (-15.8%) and Spain (-12.6%).

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