Romania's construction output jumps in October

Construction

Romania's construction output jumped by 23.7% year-on-year in October, following a 19.2% rise in September, the Bucharest-based National Institute of Statistics (INS) said on Wednesday, citing working-day adjusted data.

On a seasonally adjusted monthly comparison basis, construction production edged up 1% in October, following a 1.6% rise in September.

On an unadjusted basis, construction output rose by 3.4% month-on-month and was 19.5% higher year-on-year in October. During January-October, construction output rose by an adjusted annual 18% and by an unadjusted 19.9%.

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