Portugal has third highest increase in construction output in EU
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%).