Construction output volume down 7.2% y.o.y. in April

Construction

The volume of construction output in April 2021, based on raw data, was below the previous year’s level by 7.2%, according to data by the Central Statistical Office (KSH).

Compared to April 2020, output decreased in both main groups of construction: in the construction of buildings by 0.8% and in civil engineering by 14.5%.

Out of the three divisions of construction, output volume fell by 6.2% in the construction of buildings, and by 26,1% in civil engineering. Production increased by 7.8% in specialized construction activities.

The volume of new contracts concluded decreased by 15.3%, within it the volume of new contracts for the construction of buildings fell by 21%, the volume regarding civil engineering works went down by 9.9% in relation to the April 2020 base.

The volume of the April end-of-month stock of contracts at construction enterprises was 12.8% above the end of April 2020 level. The volume of contracts increased by 22.9% for the construction of buildings and by 6.7% for civil engineering works compared to the previous year.

In the first four months of 2021, construction output lessened by 3.5% compared to January-April 2021.

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