Eurozone December construction output -4.0% vs -0.7% m/m expected

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Eurozone December construction output -4.0% vs -0.7% m/m expected

Prior -0.2%
Construction output -3.9% y/y
Prior +0.5%; revised to +0.4%

That’s quite the slump in construction activity, with Austria (-8.1%), Germany (-7.3%) and France (-7.0%) the main culprits. Overall, building construction declined by 4.5% on the month while civil engineering con

Source:https://www.forexlive.com/news/eurozone-december-construction-output-40-vs-07-mm-expected-20220218/

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