Compared to July 2019, output decreased in both main groups of construction: in the construction of buildings by 18.8%, in civil engineering by 22.9%.
The volume of new contracts concluded decreased by 41.5%, within it the volume of new contracts for the construction of buildings fell by 38.7%, the volume for civil engineering works dropped by 43.6%.
The volume of the July end-of-month stock of contracts at construction enterprises was 21% lower than at the end of July 2019. The volume of contracts increased by 5% for the construction of buildings and decreased by 31.4% for civil engineering works compared to the previous year.
Based on seasonally and working-day adjusted indices construction output increased by 3.5% compared to June 2020 data.
The negative economic effects of the coronavirus pandemic on the construction industry were significant in July, KSH notes.
In January-July 2020, construction output lessened by 9.8% compared to the same period of the previous year.
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