Romania’s construction output down 7.9% y/y in Q1

On a seasonally unadjusted comparison basis, construction production decreased by an annual 7.1% in the three months through March, INS said in a statement.

In March alone, the volume of construction works fell by an annually adjusted 1.2% and increased by an adjusted monthly 9.1%.

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

Source: INS