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Free AccessMNI: EUROZONE DATA: Construction Output (Mar 2019)...>
MNI: EUROZONE DATA: Construction Output (Mar 2019) Preview - 10:00 BST
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- Previous (Feb): 3.0% m/m, 5.2% y/y
- After a modest contraction in Jan, EZ construction output rose at its
strongest monthly pace in two years in Feb...
- ... bolstered by a surge in civil engineering (+6.4%) and a solid rise in
building construction (+2.1%)
- Among member states for which data was available, the strongest m/m increases
in construction output were seen in Slovenia (+11.9%) & Germany (+6.8%)...
- ... while the only declines were recorded in Spain (-0.9%) & Finland (-0.3%)
- The surge in construction output in Feb was helped by unusually warm weather
for the time of year
- The EZ construction PMI moderated slightly in Mar (52.2) & April (52.1) from
52.6 in Feb...
- ... signalling a potential cooldown in construction activity growth ahead,
albeit remaining consistent with further gains in output
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.