Slovakia: Construction Production Decreases Sharply

IndustrialsConstruction ♦ Published: January 11, 2013; 10:15 ♦ (Vindobona)

In November 2012, construction output decreased, year-on-year, by 13,4 % to EUR 479 million. After seasonal adjustment, it was lower by 0,4 % compared with October 2012.

Slovakia: Construction Production Decreases Sharply / Picture: © Vindobona.org

Output realized by domestic construction companies decreased by 13,5 % to EUR 453,3 million, compared with November 2011. Its share on total construction output fell by 0,2 p.p. to 94,6 %. The development of the domestic output was affected by considerable decrease in new construction, renewals and enhancements by 20,4 %. The volume of repairs and maintenance works increased by…