Romania’s construction output down 11.8% y/y in Jan-Feb

On a seasonally unadjusted comparison basis, construction production decreased by an annual 10.8% in the two months through February, INS said in a statement.

In February alone, the volume of construction works declined by an annually adjusted 5.9% and increased by an adjusted monthly 17.5%.

Details follow (working-day and seasonally adjusted data, in percent):

Source: INS