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In February, an increase in construction volumes of 3% was recorded in the eurozone compared to the previous month, when they decreased by 0.8%, Eurostat reported. This was the highest increase since February 2017. Compared with the same month of 2018, the figure rose by 5.2% after a decline of 0.1% a month earlier. The largest annual growth - by 6.4% - was shown by civil construction, while the growth in the volume of construction of other objects increased by 2.1%. Eurostat data also indicated a 2.3% increase in construction volumes in EU countries compared to January and 4.9% compared with the same month a year earlier. Over the month, the index rose the most in Slovenia, an increase of 11.9%. The annual growth rate was the most significant in Hungary, where construction volumes jumped 48.1%. A decline in monthly terms was observed in Spain, the Czech Republic and Finland. In annual terms, the figure fell in Spain and France.
Asian shares recorded a turbulent session on Friday as weak economic data from the United States and surging coronavirus infections worldwide dragged market confidence. The decline followed despite upbeat U.S. tech gains and signs of rebound ...
The dollar sat near two-year lows on Wednesday as the United States struggled to control the coronavirus outbreak, breaking hopes for a fast economic recovery. The gloomy outlook for the U.S. economy is expected to urge the Federal Reserve ...
On Wednesday, Tesla Inc. (TSLA.O) posted its second-quarter profit worth $104 Million from April to June despite shutting down its electric vehicle factory in Fremont, California for roughly seven weeks due to the coronavirus pandemic. Tesla ...
Backed by record-low mortgage rates, U.S. home sales reached its strongest record in June. However, the outlook for the housing market remained murky as low inventory and high unemployment rate pressed amid the virus crisis. Existing home ...
Renault SA (RENA.PA) announced on Monday that its global car sales fell by 34.9% in the first half of the year due to the impact of the coronavirus pandemic. However, the company said that it had seen some signs of recovery in June. The French ...
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