Eurozone Nov. Construction Output Drops

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Eurozone's construction output decreased a seasonally adjusted 1.1% month-on-month in November, compared to the 0.4% fall in October, revised from a 0.6% decline reported initially, the Eurostat said on Tuesday.

Year-on-year, the construction output dropped 8% in November, compared to the 6.7% fall in the previous month, revised from 7.7% drop estimated initially.

In EU27, the construction production declined 0.6% on a monthly basis in November and was down 6.7% compared to the preceding year.

Eurozone's construction output decreased a seasonally adjusted 1.1% month-on-month in November, compared to the 0.4% fall in October, revised from a 0.6% decline reported initially, the Eurostat said on Tuesday. (Market News Provided by RTTNews)