Romania's construction sector, down 10% in August

16 October 2018

The volume of construction work in Romania dropped by 10.3% in August this year compared to the same month of last year.

The decline was mainly determined by the poor results in the residential building sector, which dropped by 42% in August. The non-residential building segment recorded a 14.8% decrease while the engineering work increased by 12.7% compared to August 2017.

In the first eight months of this year, construction work declined by 4.6% compared to the same period of 2017.

Last year, the sector was also down by 5.4% compared to 2016.

editor@romania-insider.com

Normal

Romania's construction sector, down 10% in August

16 October 2018

The volume of construction work in Romania dropped by 10.3% in August this year compared to the same month of last year.

The decline was mainly determined by the poor results in the residential building sector, which dropped by 42% in August. The non-residential building segment recorded a 14.8% decrease while the engineering work increased by 12.7% compared to August 2017.

In the first eight months of this year, construction work declined by 4.6% compared to the same period of 2017.

Last year, the sector was also down by 5.4% compared to 2016.

editor@romania-insider.com

Normal
 

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