Dubai United Arab Emirates
The data of the European Statistics Agency (Eurostat) released on Tuesday showed the growth of the construction sector in the euro area in August, the highest rate in 5 months.
The agency said that the output of the construction sector increased in August by 1.8% per month, compared to a growth rate of 0.2% in July, the highest growth rate since last March, when it recorded 1.9%.
Specialized construction activities grew by 2.5 percent, while the civil engineering sector fell 2.1 percent.
On a year-on-year basis, the construction sector in the region of 21 EU countries grew by 1.4 percent after contracting at a rate of 1.7 percent in July.
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