Eurozone January construction output +3.9% vs -4.0% m/m prior

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Prior -4.0%; revised to -1.5%Construction output +4.1% y/yPrior -3.9%; revised to +0.2%That’s a solid 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. In any case, this is very much a lagging