Production in construction up by 6.8% in the Euroarea in February 2017

In February 2017 compared with January 2017, seasonally adjusted production in the construction sector increased by 6.9% in the euro area (EA19) and by 4.4% in the EU28, according to first estimates from Eurostat, the statistical office of the European Union.

In January 2017, production in construction fell by 2.4% in the euro area and by 1.5% in the EU28. In February 2017 compared with February 2016, production in construction increased by 7.1% in the euro area and by 5.2% in the EU28.

Eurostat released quarterly data for Cyprus, indicating a 5.5% increase in Q4 2016 compared to Q3 2016.

Source: Cyprus News Agency