5 C
December 4, 2020

Romania ranks second in EU by construction output growth in May

Romania ranks second in the EU by the growth of its construction output in May 2013 compared with the previous month, whilst the seasonally adjusted production of the construction sector fell 0.2 per cent in the EU and 0.3 per cent in the euro area, respectively, the European Statistical Office (Eurostat) announced. Among the member states for which data are available for May 2013, production in construction fell in nine, rose in four and remained stable in the United Kingdom. The largest decreases were registered in Bulgaria (-4.2 pc), Poland and Slovenia (both -2.8 pc) and Germany (-2.6 pc), and the increases in Spain (+4.4 pc), Romania (+3.1 pc), Sweden (+1.7 pc) and the Netherlands (+1.1 pc). Compared with May 2012, production decreased by 5.1% in both zones in May 2013. In an annual comparison, the largest decreases were registered in Poland (-28.6 pc), the Czech Republic (-15.5 pc), Portugal (-12.9%) and Slovakia (-12.1%), and the most considerable increases in Hungary (+11.1%), Spain (+8.2 pc) and Sweden (+7.9 pc). Romania’s construction sector was 8.9% lower in May 2013 compared with May 2012, after having seen a decrease of 11.9 pc y-o-y in April 2013.

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