Eurozone’s construction output declined in February after rising in the previous month, data form Eurostat showed on Monday.

The construction output fell 2.1 percent month-on-month in February, after a 0.8 percent rise in January. In December, construction output decreased 1.4 percent.

Production in building construction decreased 1.9 percent monthly in February and output in civil engineering fell 3.4 percent.

On a year-on-year basis, the construction output fell 5.8 percent in February, following a 2.6 percent decline in the prior month.

In the EU27, construction output decrease 1.6 percent monthly, and fell 5.4 percent from a year ago.

Among member states, the largest decreases were recorded in Hungary, Poland, France and Slovakia, while the increase were observed in Sweden, Austria, Romania and Bulgaria.

The material has been provided by InstaForex Company –

Leave your vote

🚀If you want to get a Forex Robot Coded as per your trading strategy but are unable to do so because of the high price for the Robot then you can take advantage of the CROWD FUNDING campaigns feature. ✔ These are some crowd funding campaigns for Forex Robots, which when completed can provide the very same Forex Robot to the participants at an average price of $5-$10 per participant. ✔ You either participate in one of the already listed campaigns or send us your Forex strategy : Submit Crowd Funding Campaign , for which you would like the Forex Robot to be coded. A Crowd Funding Campaign would then be started for the same . ✔ All you have to do later on is to share the campaign online with your friends to encourage more people to participate in the campaign.

As a result, each participant can get that Forex robot for just a campaign contribution of $5 (which is the minimum). Participants can back the campaign by anything above or equal to $5 to reach the funding goal to close the campaign.