Slovak Construction Output Growth Eases in October

Construction

Slovakia's construction output growth eased to 5% year-on-year in October, down from September's seven-month high of 6%, data from the Bratislava-based Slovak Statistical Office (SÚSR) showed on Tuesday.

Work realized abroad declined by 11.2% in October, reversing the 11.2% gain in the previous month.

Meanwhile, domestic production continued to rise for the sixth consecutive month (7% vs 5.3% in September), supported by new construction (9.2% vs 8.9%) and buildings (1.2% vs -2.1%).

However, domestic output rose at a softer pace for engineering works (17.7% vs 19.5%), while it decreased for repair and maintenance (-0.5% vs 0.1%).

On a seasonally adjusted monthly basis, construction output was lower by 2.1% in October. 

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