Insider Economy Production in constructions in Cyprus increases by 7.5% in Q3 2018 compared...

Production in constructions in Cyprus increases by 7.5% in Q3 2018 compared to Q2

Production in the construction sector in Cyprus increased by 7.5% during the 3rd quarter of 2018 compared to the second quarter and by 24.4% compared to the 3rd quarter of 2017, according to first estimates released today by Eurostat, the statistical office of the European Union.

In November 2018 compared with October 2018, seasonally adjusted production in the construction sector decreased by 0.1% in the euro area (EA19), while it increased by 0.2% in the EU28.

In October 2018, production in construction fell by 1.6% in the euro area and by 1.1% in the EU28. In November 2018 compared with November 2017, production in construction increased by 0.9% in the euro area and by 1.8% in the EU28.

In the euro area in November 2018, compared with October 2018, civil engineering fell by 0.2%, while building
construction rose by 0.1%. In the EU28, building construction rose by 0.5%, while civil engineering fell by 0.8%.

Among Member States for which data are available, the highest decreases in production in construction were recorded in Czechia (-3.6%), Germany (-1.7%) and Portugal (-1.5%). The largest increases were observed in Hungary and Slovenia (both +4.4%) and France (+1.5%).

In the euro area in November 2018, compared with November 2017, civil engineering rose by 2.1% and building
construction by 0.7%. In the EU28, civil engineering rose by 4.8% and building construction by 0.9%.

Among Member States for which data are available, the highest increases in production in construction were recorded in Hungary (+27.3%), Slovenia (+18.9%) and Poland (+16.0%) and the largest decreases in Romania (-4.8%), Sweden (-2.6%) and Germany (-1.9%).

(Cyprus News Agency)

Top Stories

272 new cases of COVID-19, no deaths announced on Friday

The Health Ministry announced 272 new Coronavirus cases out of 43,958 PCR and rapid antigen tests on Friday, 26 February, taking confirmed infections to...

Where to get a rapid test on Saturday, 27 February

Aiming at the continuous surveillance of the community and the workplaces, the free programmes of rapid antigen testing of the general population and employees...

Veterinary services deny they refused assistance to ship with cattle

Christodoulos Pipis, director of the Veterinary Services denied claims that the Republic of Cyprus refused assistance to “Elbeik” ship which is carrying 1,776 cows...

250 scholarships to Cypriot students from Bolton University

During a news conference today, the Education Minister announced that the British University of Bolton will give 250 scholarships to Cypriot students within the...

Theologians request immediate withdrawal of Cyprus’s song for Eurovision

The OELMEL Theologians Association is requesting the immediate withdrawal of the song that is going to represent Cyprus to the 65th song competition of...

Taste

Squash soup

Ingredients: 1 kg pumpkin, cut into small cubes, approximately 5 cups 2 medium (400g) sweet potatoes, cut into cubes, approximately 2 ½ cups 1 chopped leek, only...

Mezedes

No visit to Cyprus is complete without enjoying the traditional meal of many small dishes known as ‘meze’. This large feast, which has been a...

Prawns with fried cheese, barley shaped pasta

Put the barley shaped pasta into a small pan with salted water, bring to a boil and when tender, drain. Peal the prawns leaving...

Salmon and shrimp sheftalies

Mix all ingredients for tabbouli in a bowl and keep to one side so flavours can combine. Prepare the sheftalies: wash and soak the casing...