Slovakia: Declining Construction Production in July 2012

IndustrialsConstruction ♦ Published: September 11, 2012; 15:56 ♦ (Vindobona)

In July, the Slovakian construction output decreased, year-on-year, by 11,2 % to € 459,9m.

Slovakia: Declining Construction Production in July 2012 / Picture: © Vindobona.org

After seasonal adjustment, it decreased by 0,7 % compared with June. Output realized by domestic construction companies decreased by 10,5 % to € 442,4m, compared with July 2011. Its share of the whole construction output increased by 0,8 p.p. to 96,2 %. The development of the domestic output was affected by considerable decrease in new construction, renewals and enhancements by…

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