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Eurozone, European Union Start 2022 With Higher Construction Output

Corporate buildings in perspective

Construction output in both the eurozone and the European Union climbed in January, led by the growth in building construction during the month.

Source: Eurostat

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.


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