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Bosnia's Serb Republic 9-mo construction output falls 6.3%

Nov 5, 2019, 11:13:05 AMArticle by Stefan Radulovikj
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November 5 (SeeNews) - The construction output of Bosnia's Serb Republic decreased 6.3% year-on-year in the first three quarters of 2019, the entity's statistical office said.

Bosnia's Serb Republic 9-mo construction output falls 6.3%
Source: Pixabay

The nine-month construction of buildings decreased 2.9%, while civil engineering construction output dropped by 8.5%, the Serb Republic's statistical office said in a quarterly report on Monday, quoting unadjusted figures.

Working-day adjusted construction output in the third quarter of 2019 decreased by 8.6% year-on-year. By type of construction, buildings marked a fall of 11.1%, while civil engineering construction decreased by 6.9%.

Seasonally-adjusted construction output fell by 1.4% in July-September as compared to the previous quarter. Buildings' construction dropped 2.3% on the quarter, while civil engineering construction decreased by 0.7%.

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