Euro-Zone July construction output rose 0.1% MoM, after falling -0.9% MoM in June. Building construction was stable compared with June, while civil engineering dropped 0.6% MoM. The overall annual rate declined to -3.3% YoY from -3.0% YoY in June and the deteriorating construction sector is playing a large part in the slowdown of the Euro-Zone economy. Euro-Zone July construction output rose 0.1% MoM, after falling -0.9% MoM in June. Building construction was stable compared with June, while civil engineering dropped 0.6% MoM. The overall annual rate declined to -3.3% YoY from -3.0% YoY in June and the deteriorating construction sector is playing a large part in the slowdown of the Euro-Zone economy.
