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Romania’s construction output rises 4.5% y/y in Jan-Aug - table

Oct 19, 2022, 11:29:37 AMArticle by Razvan Timpescu
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October 19 (SeeNews) - Romania’s construction output rose 4.5% year-on-year during the first eight months of 2022, the country’s statistical office, INS, said on Wednesday, citing working-day adjusted data.

Romania’s construction output rises 4.5% y/y in Jan-Aug - table
Romania's construction output Source: INS, unsplash.com

On a seasonally unadjusted comparison basis, construction production rose by an annual 6.6% over the first eight months of the year, INS said in a report.

In August alone, the volume of construction works increased by an annually adjusted 15.6% and was up by an adjusted monthly of 2.5%.

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

August y/y August m/m Jan-Aug
Total 15.6 2.5 4.5
Residential buildings -1.2 -1.6 6.1
Non-residential buildings 21.5 6.8 5.9
Engineering sites 21.7 3.9 -3.8

Source: INS

Romania’s construction output edged down by an annual 0.6% in 2021.

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