Volume of construction in the euro area declined by 0.3% in March

In March, in the euro area there was a decline in construction volumes by 0.3% compared to February, when the index fell by 0.7%, according to the data of the Statistical Office Eurostat. The pace of construction in the euro area is declining for the third month in a row. Compared with March of last year, construction volumes in the euro area rose by 0.8%. In the European Union, in March, construction volumes increased by 0.9% after growing by 0.8% a month earlier. In annual terms, the indicator fell by 1.3%. The biggest drop in the indicator for the month was recorded in Hungary - by 10.3%, and Romania - by 9.2%. The biggest growth was recorded in Spain - by 3.1%, and Slovakia - by 2.3%.

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