ACTMEDIA NEWS AGENCY

  |  2013-01-15

Construction work volume in November 2012 increases 12.5 percent (gross series)

The construction work volume increased in November 2012 compared with October 2012 both as gross series and as working day and seasonally adjusted series, 12.5 percent and 5.1 percent, respectively, according to data released recently by the National Institute of Statistics (INS).

The increase in the volume of construction works (gross series) of November was owed mainly to the advance in maintenance and current repair works (+25 percent) and new construction works (+13.6 percent). The capital repair works declined 9.5 percent.



On construction items, increased were registered as follows: in non-residential buildings (+16.6 percent), in civil engineering (+13.6 percent) and in residential buildings (+2.1 percent).



Compared with November 2011, the volume of construction works increased 1.4 percent as gross series, with advances registered in new construction works (+3.0 percent) and in maintenance and current repair works (+0.3 percent). The capital repair works dropped 4.3 percent.



On construction items, increases were registered in the non-residential buildings (+19.5 percent) and in civil engineering (+1.2 percent). The residential buildings dropped 20.8 percent.



The construction work volume, as working day and seasonally adjusted series, in November 2012, compared with November 2011, declined 1.5 percent.



In the period January 1 - November 30, compared with the similar period of 2011, the volume of construction works grew 2.3 percent as gross series.



In the period January 1 - November 30, compared with the similar period of 2011, the construction work volume advanced 3.2 percent as working day and seasonally adjusted series, an enhancement highlighted in the new construction works (+13.5 percent).

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