Slovakia's construction output down by 3.3% y/y in July.

By bne IntelliNews September 9, 2010
The construction output narrowed by 3.3% y/y in July, slowing down from 6.6% y/y in June, the statistics office (SUSR) reported. The output in current prices was estimated at EUR 525.5mn in July against EUR 522.4mn in June. Net of seasonal influences, the construction activity increased by 2% m/m. The output in the new construction, reconstruction and upgrade segment increased slightly by 0.3% y/y, which was the first positive development in this segment this year. The output in the repair and maintenance segment slumped by 12.4% y/y. SUSR informed, that the construction work on buildings which has a 68% share of domestic construction output, decreased by 1.5% y/y, while civil engineering dropped by 3.5% y/y. On a cumulative basis, construction output contracted by 8% y/y to EUR 2.89bn in January-July.

Related Articles

Slovakia one of possible locations for new BMW plant.

German car maker BMW considers building a new plant in eastern Europe and Slovakia is one of the potential locations, Hospodarske Noviny business daily reported citing BMW's board member Ian ... more

Slovakia jobless rate edges down to 14.7% in February 2013.

Slovakia's unemployment rate in February 2013 fell for the first time in six months going down to 14.7% from 14.8% in January when it reached its highest level in more than 8.5 years, data from ... more

Frances CCN Group considers new plant in Slovakia - report.

France-based CCN Group, a supplier of components for turbines and automobiles, considers building a new plant in Slovakia in the town of Belusa, Hospodarske Noviny daily reported citing unnamed ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335
Dismiss