Slovakia Construction Output Growth Eases in February

Construction

Construction output in Slovakia increased 9.2% year-on-year in February, easing sharply from a 5-year high of 15.4% in the previous month, the Slovak Statistical Office (SÚSR) said in a statement on Wednesday.

Domestic output slowed (10% vs 19.9% in January), mainly influenced by new construction (13.9%) and repairs and maintenance (3.4%).

Meanwhile, construction abroad recovered (2.2% vs -15.5%).

On a seasonally adjusted monthly basis, construction output grew by 0.8% in February, easing from 3.2% growth in the previous month. 

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