ABSTRACT

Construction output The table below summarises construction output statistics from the first page of each country section. In this summary table, figures in national currency for 1998 are listed but, in addition, in order to facilitate (crude) comparisons, £ sterling, US dollar and ECU equivalents are presented for each figure. The currency conversions have been carried out using the average exchange rates for the first quarter of 1999. As noted earlier, construction statistics, including those for construction output, are notoriously unreliable and, in addition, national definitions of construction output vary widely. It would, therefore, be unwise to draw too many conclusions from the table.