Cement consumption in Spain during the first three months of 2012 sank to the lowest level since 1966.
Consumption between 1 January and 31 March was down 31.3% compared to the same period of 2011. According to the cement producers' association,
Other figures revealed that during the first quarter of 2012, unemployment in the construction industry reached 29%, while the number of people within the industry registered at the Inland Revenue offices has decreased by 54% since January 2008. Moreover, during the first four months of the year, production of cement decreased by 27% to 5.7million tonnes, while demand in Spain went down by 33.8% to 4.7million tonnes.