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Eurozone May construction output +27.9% vs -14.6% m/m prior

July 17, 2020 at 10:00AM

Eurozone May construction output +27.9% vs -14.6% m/m prior
Latest data released by Eurostat – 17 July 2020
– -14.6%; revised to -18.3%
– Construction output -11.9% y/y
– Prior -28.4%; revised to -31.0%
Construction activity rebounded in May amid the easing of lockdown restrictions in the region but are still largely subdued as compared to conditions seen a year ago. The revised readings also saw the
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