Romania Sees Biggest Monthly Rise In EU's June Constr Output

Romania's June construction output posted the highest monthly increase in the European Union, the EU's statistics agency Eurostat said Wednesday.

Eurostat's seasonally adjusted data showed construction output in Romania rose 9.3% in June, from a -1.1% decline the previous month.

Construction in the EU27 bloc dropped by 3.3% from May, when it fell 2.5%.

Compared with June 2008, construction output in June fell 6.2% in Romania and by 14.1% in the European Union.

Germany and Poland were the only two member states that posted annual increases in the construction sector in June, of 1.2% and 0.6%, respectively.

The sharpest annual declines were seen in Sweden (-16.6% from June 2008), Slovenia (-15.8%) and Spain (-12.6%).

mediafax.ro