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MNI: EUROZONE DATA: Construction Output (Jun 2019)...>

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MNI: EUROZONE DATA: Construction Output (Jun 2019) Review
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- EZ construction output: 0.0% m/m, 1.0% y/y 
- Prev (May): -0.5% m/m, 1.7% y/y (rev. down from -0.3% m/m & 2.0% y/y) 
- EZ construction output stagnated in June after three consecutive months of
decline...
-leaving the qrtl rate for Q2 at -1.0% after Q1's strong growth rate of 1.5% 
- Civil engineering decreased by 0.5%, while building construction recorded a
monthly gain of 0.3% 
- Among the member states for which data is available, Slovenia (-6.7%),
Portugal (-1.4%) and Slovakia (-1.1%) revealed the largest declines...
- while the biggest monthly upticks were seen in France (+1.2%), Finland (+0.6%)
and Germany (+0.3%) 
- Fwd-looking surveys suggest a slight rise in construction activity in Jul...
-...with the EZ's construction PMI remaining in expansion territory (up 0.2
points to 50.8)

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