Spain: cautious outlook maintained

Spain: cautious outlook maintained
Published: 14 April 2014

Tagged Under: Spain Consumption Europe 

Cement demand in Spain registered its first monthly growth since the recession started as it reached 875,000t in March, up 16 per cent YoY, according to Oficemen data.

However, the increase has been attributed to a weaker comparative period, with the Easter holiday falling in March last year resulting in few working days. Moreover, March 2013 was one of the wettest in history, further hampering building activity last year.  March 2014, on the other hand, has experienced much milder weather and there have been no notable festivals causing stoppages to construction, Oficemen highlighted.

The cement association maintains its cautious stance for the year in hand, emphasising that demand will 

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