On a seasonally unadjusted comparison basis, construction production increased by an annual 14.2% in the twelve months through December, INS said in a statement.
In December alone, the volume of construction works rose by an annually adjusted 25.5% and by a monthly adjusted 10.3%.
Details follow (working-day and seasonally adjusted data, percentage change):
Dec y/y | Dec m/m | 2023 y/y | |
Total | +25.5 | +10.3 | +13.8 |
Residential buildings | +2.9 | +4.8 | -5.9 |
Non-residential buildings | +20.4 | +22.5 | +2.3 |
Engineering sites | +43.7 | +9.6 | +32.7 |
Source: INS