Portugal has third highest increase in construction output in EU

 In Construction, Economy, News

In December 2024, Portugal’s construction sector enjoyed the third highest output in terms of projects in the EU with a MoM increase of 3.6% while YoY it had the fourth largest increase (5.1%) out of all the 27 EU countries.

According to the EU’s statistical office Eurostat, construction output remained stable in the Eurozone and grew 0.4% in the European Union (EU) in December compared to the previous month, with Portugal showing the third highest increase in the monthly comparison ( 3.6%), according to an estimate released this Thursday.

Among the countries for which data is available, production in construction had the largest MoM increases in Poland ( 5.7%), Czech Republic ( 4.6%) and Portugal ( 3.6%). Bulgaria ( 3.4%), the Netherlands ( 2.0%) and Italy ( 1.7%) suffered the largest monthly decreases.

In the year-on-year comparison, the indicator fell by 0.1% in the single currency area and 0.8% in all 27 member states of the EU bloc, according to the European statistical service.

In this case, construction production had the largest increases in Spain ( 11.2%), Czech Republic ( 9.7%) and Slovakia ( 5.8%), while the most representative year-on-year falls were observed in Romania ( 12.9%), Poland ( 9.9%) and Austria ( 9.3%).