Slovakia construction output rebounds in May
Slovakia's construction output expanded by 2.5% year-on-year in May, reversing a 2.7% decline in the previous month, figures from the Bratislava-based Slovak Statistical Office (SÚSR) showed on Tuesday.
Domestic construction rebounded sharply (6% vs -2.9% in April), led by new construction, reconstruction and modernization (8.8% vs -2.8%); construction of buildings (4.7% vs 1.1%); and engineering construction (8.8% vs -11%).
In contrast, production abroad declined at a faster pace (-23.8% vs -1.1%).
On a seasonally adjusted monthly basis, construction output went up by 0.4%.
ADVERTISEMENT
Investment Volume Falls 2.8% in Q1
Parl't Approves Amendments to Legislation on Judiciary
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
