Cement News tagged under: Construction
Production in construction down 0.5 per cent in euro area22 August 2017, Published under Cement NewsIn June 2017 compared with May 2017, seasonally-adjusted production in the construction sector decreased by 0.5 per cent in the euro area (EA19) and by 0.2 per cent in the EU28, according to first estimates by Eurostat, the statistical office of the European Union. In May 2017 output in construction fell by 0.2 per cent in the euro area and by 0.5 per cent in the EU 28. In June 2017, compared with June 2016, production in construction increased by 3.4 per cent in the euro area and by 3.6 ... |
UK construction industry growth slows09 August 2017, Published under Cement NewsGrowth prospects for the UK's construction industry in 2018 have been downgraded as the country prepares to leave the EU, according to the latest forecasts by the Construction Products Association (CPA). Output is expected to soften as a slowing economy, falling real wages and rising costs adversely affect the industry, growth for 2018 is therefore only expected to rise by 0.7 per cent, the slowest in six years, and a downward revision from 1.2 per cent in previous forecasts. For now, acti... |
Production in construction down by 0.7% in euro area26 July 2017, Published under Cement NewsIn May 2017 compared with April 2017, seasonally-adjusted production in the construction sector decreased by 0.7 per cent in the euro area (EA19) and by 1.1 per cent in the EU28, according to the first estimates from Eurostat, the statistical office of the European Union. In April 2017 production in construction grew by 0.3 per cent in the euro area and by 0.2 per cent in the EU28. In May 2017 compared with May 2016, production in construction increased by 2.6 per cent in the euro area an... |
Positive trends in European construction recovery14 July 2017, Published under Cement NewsThe recovery in European construction activity appears to be making progress with improvements being seen in the housing segment in some key markets, while civil engineering activity is expected to pick up going forward. Eurostat's construction index shows that the downturn in activity for construction within the EU-28 brought on by the global financial crisis lasted longer than for the industry sector. Despite occasional short-lived periods of growth, the index of production for construct... |
Construction product manufacturers pessimistic of growth12 July 2017, Published under Cement NewsThe UK’s Construction Products Association's State of Trade Survey for 2Q17 reveals that UK construction product manufacturers experienced growth in sales and activity for the 17th consecutive quarter, but higher input costs and rising uncertainty has dampened manufacturers’ views for the near-term future. Results of the survey showed that among heavyside manufacturers, only seven per cent anticipated a rise in sales in the next quarter, a decline from the 68 per cent who anticipated a ris... |
Production in construction up 0.3% in euro area28 June 2017, Published under Cement NewsIn April 2017 compared with March 2017, seasonally-adjusted production in the construction sector increased by 0.3 per cent in the euro area (EA19) and remained stable in the EU28, according to the first estimates from Eurostat, the statistical office of the European Union. In March 2017 production in construction fell by 1.1 per cent in the euro area and by 0.5 per cent in the EU28. In April 2017 compared with April 2016, production in construction increased by 3.2 per cent in the euro ar... |
UK construction industry challenges16 June 2017, Published under Cement NewsWith Brexit, the process of the UK's withdrawal from the EU, causing widespread uncertainty for the UK economy, the results of the country's general election last week have added an extra level of instability for the construction industry. Despite concerns over the Brexit effect and buoyed by better-than-expected GDP growth, the UK government has been pressing ahead with a number of significant infrastructure projects, including the first nuclear reactor to be b uilt in Britain in two dec... |
Pakistan FY18 budget 'neutral' for cement industry31 May 2017, Published under Cement NewsAnnouncing its FY18 Budget on Friday, the Pakistan government has increased the allocation for its Public Sector Development Program (PSDP) and reduced corporate tax, but on the other hand increased has Federal Excise Duty (FED) and provided no relief to aid dwindling cement exports. Finance Minister, Ishaq Dar, in his budget 2017-18 has proposed the allocation of PKR1001bn (US$9.5bn) for the PSDP in FY17-18, of which 67 per cent will be dedicated to infrastructure projects. Meanwhile, FED... |
Euro area production in construction sees monthly decline23 May 2017, Published under Cement NewsProduction in construction in the euro area (EA19) and EU28 was down on a monthly comparison basis due to declines in building construction activity. However increases were recorded on an annual comparison basis with rises observed in building construction and and the civil engineering segments. Monthly declines In March 2017, compared with February 2017, seasonally-adjusted production in the construction sector declined by 1.1 per cent in the euro area and by 0.8 per cent in the EU28, a... |
MPA outlines priorities for the next government05 May 2017, Published under Cement NewsThe Mineral Products Association (MPA) has issued its priorities for the next UK government ahead of the general election on 8 June 2017. The government's post-election policy development and implementation will be central to the future health of the UK economy and the mineral products sector upon which so much depends, the MPA said in a statement. Negotiating a good deal on Brexit, which maintains UK competitiveness, will be vital, the trade association adds. The MPA has outlined six m... |