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Romania’s construction output down 2.6% in Jan-April

Jun 19, 2024, 1:30:37 PMArticle by Alexandru Cristea
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June 19 (SeeNews) - Romania’s construction output fell by 2.6% on the year during the first four months of 2024, the country’s statistical office, INS, said on Wednesday, citing working-day adjusted data.

Romania’s construction output down 2.6% in Jan-April
Construction works April 2024 Romania. Source: INS

On a seasonally unadjusted comparison basis, construction production edged down by an annual 0.2% in the four months through April, INS said in a statement.

In April alone, the volume of construction works increased by an annually adjusted 13% and rose by an adjusted monthly 8%.

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

April y/y April m/m Jan-April y/y
Total +13.1 +8.0 -2.6
Residential buildings +1.2 +8.6 -23.8
Non-residential buildings +14.4 +11.0 +4.7
Engineering sites +16.9 +0.7 +11.2

Source: INS

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