construction production

May 2024 construction data: EU sector slows while Serbia’s market grows

In May 2024, seasonally adjusted construction production declined by 0.9 percent in the Eurozone and 1 percent in the EU, according to preliminary estimates from Eurostat. This follows a 0.4 percent drop in the Eurozone and stable conditions in the EU in April. Year-on-year, May 2024 saw a decrease in construction production of 2.4 percent in the Eurozone and 2.5 percent in the EU. In the Eurozone, building construction fell by 1 percent and specialized construction activities dropped by 1.1…