Slovakia: Construction Output Declined by 14.1 %

BusinessEconomy ♦ Published: March 12, 2013; 11:59 ♦ (Vindobona)

In January 2013, construction output decreased, year-on-year, by 14,1 % to EUR 206,9 million. After seasonal adjustment, it decreased by 3,3 %, compared with December 2012.

Slovakia: Construction Output Declined by 14.1 % / Picture: © Vindobona.org

Output realized by domestic construction companies fell by 15,7 % to EUR 195,7 million, compared with January 2012. Its share of the whole construction output dropped by 1,8 p.p. to 94,6 %. The development of the domestic output was affected by considerable decrease in new construction, renewals and enhancements by 24,1 %.The volume of repair and maintenance works rose by 12 %. New…