Slovakia Construction Growth Accelerates in August
Construction output in Slovakia expanded 4% year-on-year in August, following a 2.8% gain in the previous month, figures from the Bratislava-based Slovak Statistical Office (SÚSR) on Wednesday show.
It marked the highest reading since February, as construction abroad (-7% vs -18.7% in July) decreased at a softer pace.
Meanwhile, domestic output (5.4% vs 5.8%) slowed, dragged down by further declines in repairs & maintenance (-7.5% vs -0.6%) and buildings (-11.2% vs -5%).
On the other hand, both new construction (10.8% vs 9.2%) and engineering works (41.1% vs 27.8%) grew at a faster rate.
On a seasonally adjusted monthly basis, construction output was 0.3% lower than in July.
Higher Revenue, Improved Margins Lift Magyar Telekom Earning...
Gov't Launches HUF 150 bln Job Placement Scheme for Over-30s
Hungarians Believe Financial Literacy Should Start in Kinder...
7th Edition of BSC Charity Beach Volleyball Tournaments Comi...
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
