Construction output in both the eurozone and the European Union climbed in January, led by the growth in building construction during the month.
EZU is up 1.11%, and VGK is up 0.98%.
Seasonally adjusted construction production in the euro area in January increased by 3.9% from the print recorded in the past month, and 4.1% higher than the same month in the previous year.
Construction production in the European Union also increased by 3.9% in January when compared with December 2021, and by 4.8% when compared with the same period in 2021.
Building construction in the eurozone grew by 4.2% when compared with December and by 3.5% year-on-year. Civil engineering climbed by 1.4% from December and by 6.6% when compared with January 2021.
The highest monthly increases were recorded in Poland, Germany, and Romania, while the biggest drops were in Hungary, Belgium, the Netherlands, and Italy.