Bulgaria’s Dec Construction Output Posts EU’s Sharpest Monthly Fall

Bulgaria’s Dec Construction Output Posts EU’s Sharpest Monthly Fall

Bulgaria's construction output dropped by 10.3% month-on-month in December, registering the biggest monthly decrease among all EU member states, Eurostat's preliminary data showed.

On an annual basis, construction output in Bulgaria was 15.1% lower in December, ranking the country as the member state with the third biggest decline after Poland and Portugal, whose production in the construction sector was down by an annual 23.7% and 18.2%, respectively, Eurostat said in a press release on Tuesday.

Construction output in the EU fell by 2.7% on the month and was 8.5% lower on the year in December. In the euro zone it went down by a monthly 1.7% and dropped by 4.8% from a year earlier.

In December, production in construction fell in six and rose in eight member states compared with a month earlier, while on an annual basis, it posted a decline in twelve countries and rose only in Sweden and Spain.

Previous Next
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using

These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.

These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.

These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.