Statistics in Focus. Developments in construction during the third quarter of 2005.
In the third quarter of 2005, the EU-25’s seasonally adjusted index of production for the construction sector grew slightly by 0.2 % compared with the previous quarter. For the euro-zone, the development of the index was very similar, as output expanded by 0.3 % during the same quarter. These latest rates of change for both European aggregates contrasted with the relatively rapid increase in the index of production for the construction sector registered in the second quarter of 2005, when the index of production rose by 2.0 % in both the EU-25 and the euro-zone. On the basis of a comparison with the same quarter of a year before, the working day adjusted index of production for the EU-25's construction sector grew by 0.9 % in the third quarter of 2005, three times as high as in the second quarter. Output in the euro-zone grew by 0.3 % between the third quarters of 2004 and 2005, the first time that a positive rate had been recorded (using this measure) since the first quarter of 2004.