Slovak Construction Output Grows in July
Construction output in Slovakia grew 3% year-on-year in July, following a 2.3% gain in the previous month, data from the Bratislava-based Slovak Statistical Office (SÚSR) showed on Tuesday. It was the highest reading since February,
mainly due to an increase in domestic output (5.8% vs 3%), boosted by engineering works (27.8% vs 25.6%) and new construction (9.2% vs 9.1%). Moreover, domestic output declined less for buildings (-5% vs -6.7%) and repair & maintenance (-0.6% vs -9.8%).
Meanwhile, construction abroad further slipped (-18.7% vs -4.4%).
On a seasonally adjusted monthly basis, construction activity in July was 2.5% higher than in June.
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