Reply To: Traders Market Weekly: MAR19-25 — Some Sheep may be Sheared


Eurozone January construction output +3.9% vs -4.0% m/m prior
Latest data released by Eurostat – 22 March 2022

Prior -4.0%; revised to -1.5%
Construction output +4.1% y/y
Prior -3.9%; revised to +0.2%

Strong bounce, alongside a sharp revision higher to the December figures. Of note, building construction increased by 4.2% and civil engineering by 1.4% in January.

Of course this is all prior to the Russian invasion so loses value.