Construction works volume in Romania up 0.8% y/y in April-May

The construction works volume in April-May increased by 0.8% y/y, according to data published by the statistics office INS.

The sector’s modest performance comes after the 10.6% y/y surge in Q1 that was, however, driven by low base effects, therefore not entirely relevant. In fact, the average seasonally and workday adjusted construction works index in April-May increased by 0.5% compared to the average in the first three months of the year.