Romania's construction output drops 11.7% y/y in Sept - table

Romania's construction output drops 11.7% y/y in Sept - table Author: TCK. License: All rights reserved.

BUCHAREST (Romania), November 14 (SeeNews) - Romania's construction output fell 11.7% on the year in September, following a 4.8% drop in August, the country's statistical office, INS, said on Tuesday, citing working-day adjusted data.

On a seasonally-adjusted monthly comparison basis, construction output decreased by 4.6% in September, INS said in a statement.

On a non-adjusted basis, Romania's September construction output fell by 14.5% on the year and rose by 0.9% on the month.

In the first nine months of the year, Romania's construction output fell 8.3%, INS adjusted data showed.

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

  Sept y/y Aug y/y Sept m/m Aug m/m Jan-Sept y/y
Total -11.7 -4.8 -4.6 -0.3 -8.3
Residential buildings 81.2 28.3 -21.5 12.2 75.1
Non-residential buildings -24.2 -8.1 -6.7 -13.0 -12.1
Engineering sites -27.9 -26.4 0.0 -6.5 -25.0

Romania's construction output decreased 4.8% last year, according to non-adjusted data.

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