Construction starting to crumble in Europe’s developed economies

OLEG VUKMANOVIC investigates the latest developments in Europe’s construction market and considers the potential outlook for the sector in the coming months as the slowdown bites

CONSTRUCTION work recorded in July in the European Union (EU) saw a 1.5% year-on-year decline. In the Eurozone, that figure more than doubled to a drop of 3.3% in the same period.