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Romania's construction output falls 15% y/y in Jan

Mar 20, 2024, 3:00:27 PMArticle by Razvan Timpescu
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March 20 (SeeNews) - Romania’s construction output dropped by 15% on the year in January, the statistical office, INS, said on Wednesday, citing working-day adjusted data.

Romania's construction output falls 15% y/y in Jan
Photo: Unsplash

On a seasonally unadjusted comparison basis, construction production decreased by an annual 14.7% in January, INS said in a statement.

Details follow (working-day and seasonally adjusted data, percentage change):

Jan y/y Jan m/m
Total -15.0 -34.2
Residential buildings -53.2 -47.0
Non-residential buildings +6.4 -16.0
Engineering sites +7.6 -28.9

Source: INS

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