Eurozone June Construction Output Drops

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Eurozone construction output dropped a seasonally adjusted 1.1% % month-on-month in June after falling 2% in May, the Eurostat said on Wednesday.

On an annual basis, the construction production decreased 8.8% in June, compared with a 7.6% fall in May, revised from 8% fall reported initially.

In EU27, construction output decreased 14.1% annually in June, and it fell 3.3% compared to the preceding month.

Eurozone construction output dropped a seasonally adjusted 1.1% % month-on-month in June after falling 2% in May, the Eurostat said on Wednesday. (Market News Provided by RTTNews)