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Romania's July Construction Output Index Falls 9.0% M/M, Down 14.1% Y/Y

Sep 7, 2009, 2:42:14 PMArticle by Sabina Kotova
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BUCHAREST (Romania), September 7 (SeeNews) – Romania’s construction output index dropped by 9.0% month-on-month in July and was 14.1% lower on the year, the country's statistics board, INS, said on Monday.

Romania's July Construction Output Index Falls 9.0% M/M, Down 14.1% Y/Y

The figures are seasonally and working-day adjusted, INS said in a statement.

In June, the construction output index grew by 9.3% month-on-month and was 6.0% lower on the year.

Details about the volume of Romania's construction output follow (pct change):

July, M/M July, Y/Y Jan-July'09/Jan-July'08
Total -9.0 -14.1 -6.3
Engineering sites -6.8 -18.4 -14.1
Residential buildings -14.6 -10.4 +8.3
Non-residential buildings -5.0 -13.0 -3.5

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