Slovak Construction Fell Massively

IndustrialsConstruction ♦ Published: February 8, 2013; 15:45 ♦ (Vindobona)

In December 2012, construction output decreased, year-on-year, by 16,5 % to EUR 416,9 million. After seasonal adjustment, it was higher by 0,7 % compared with November 2012.

Output realized by domestic construction companies decreased by 17,9 % to EUR 400,2 million, compared with December 2011. Its share on total construction output fell by 1,6 p.p. to 96 %. The development of the domestic output was affected by considerable decrease in new construction, renewals and enhancements by 26,9 %. The volume of repairs and maintenance works increased by…