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June 15, 2017

Gradual recovery in EU construction forecast to continue

Gradual recovery in EU construction forecast to continue
Recovery of the European economy is boosting construction output, although the overall growth rate is forecast to remain slow in the next 2 years. These are the main conclusions of the 83rd Euroconstruct Conference hosted in Amsterdam on 8-9 June 2017.    Euroconstruct reported that European construction output expanded by 2.5% in 2016, half a percentage point higher than forecast at the previous Euroconstruct Conference held in Barcelona in November 2016.    Euroconstruct now expect the volume of construction output to increase by 2.9% this year and by 2.4% in ...

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