September 14 (SeeNews) - Romania's construction output fell by 14.9% year-on-year in July, following a 2% rise in June, the country's statistical office, INS, said on Friday, citing working-day adjusted data.
On a seasonally adjusted monthly comparison basis, construction production fell by 9.1% in July, following a 0.8% rise in June, INS said in a statement.
On an unadjusted basis, Romania's July construction output fell by 12.7% on the month and was 16.4% lower on the year.
In the first seven months of 2018, the volume of construction works decreased by an adjusted 0.7% on the year.
Details follow (working-day and seasonally adjusted data, in percent):
|
July y/y |
June y/y |
July m/m |
June m/m |
Total |
-14.9 |
2.0 |
-9.1 |
-0.8 |
Residential buildings |
-36.8 |
-30.7 |
-5.7 |
2.5 |
Non-residential buildings |
-14.4 |
11.5 |
-4.3 |
-3.0 |
Engineering sites |
-4.5 |
16.5 |
-10.9 |
-3.7 |
Romania’s construction output decreased by an annual 5.4% in 2017.