Eurozone construction output declines in March

Eurozone construction output decreased for the second consecutive month in March, Eurostat said on Thursday.

The first estimates figures show the construction output fell 0.9 percent month-on-month in March, after a decline of 0.6 percent in February.

The decrease is due to civil engineering output falling by 2.0 percent and building construction by 0.8 percent.

On a yearly basis, construction output dropped 0.5 percent, after a rise of 3.4 percent in February.

In the wider European Union(EU), construction output decreased 1.4 percent month-on-month and by 1.4 percent year-on-year. Endit