Construction Works Increased by 10.3%

In April 2015, the volume of construction works decreased compared to the previous month by 0.8% as a gross series, and by 3.3% as a series adjusted for the number of working days and seasonality. Compared to the corresponding month of the previous year, the volume of construction works increased both as a gross series and as a series adjusted for the number of working days and seasonality, by 10.3% and 10.8%, respectively. In the period from January 1 to April 30, 2015, the volume of construction works increased compared to the period from January 1 to April 30, 2014, both as a gross series and as a series adjusted for the number of working days and seasonality, by 12.2% and 11.9%, respectively.
April 2015 compared to March 2015
The volume of construction works decreased as a gross series by 0.8%, a decrease highlighted in new construction works by 8.4% and in capital repair works by 2.2%. Maintenance and current repair works increased by 25.5%. By construction objects, increases occurred in residential buildings and non-residential buildings by 10.8% and 0.8%, respectively. Engineering constructions decreased by 5.2%. As a series adjusted for the number of working days and seasonality, an overall decrease of 3.3% was recorded, highlighted in new construction works by 10.9% and in capital repair works by 3.5%. Maintenance and current repair works increased by 10.7%. By construction objects, engineering constructions decreased by 5.8%. Increases were recorded in residential buildings and non-residential buildings by 9.6% and 2.1%, respectively.
April 2015 compared to April 2014
The volume of construction works increased as a gross series by 10.3%. By structural elements, increases occurred in maintenance and current repair works and in capital repair works by 33.8% and 29.7%, respectively. New construction works decreased by 0.6%. By construction objects, the volume of construction works increased for residential buildings by 69.5% and for engineering constructions by 10.1%. Non-residential buildings decreased by 6.6%. As a series adjusted for the number of working days and seasonality, the volume of construction works increased by 10.8%. By structural elements, increases were recorded as follows: capital repair works by 40.3%, maintenance and current repair works by 27.5%, and new construction works by 2.2%. By construction objects, the volume of construction works increased for residential buildings and engineering constructions by 89.1% and 1.0%, respectively. Non-residential buildings decreased by 3.1%.
Period January 1 – April 30, 2015 compared to period January 1 – April 30, 2014
The volume of construction works increased overall as a gross series by 12.2%. By structural elements, increases occurred in capital repair works by 19.3%, maintenance and current repair works by 14.8%, and new construction works by 10.0%. By construction objects, the volume of construction works increased as follows: residential buildings by 38.4%, engineering constructions by 9.7%, and non-residential buildings by 6.0%. As a series adjusted for the number of working days and seasonality, the volume of construction works increased overall by 11.9%. By structural elements, increases were recorded as follows: capital repair works by 19.7%, new construction works by 11.8%, and maintenance and current repair works by 11.7%. By construction objects, the volume of construction works increased for residential buildings and non-residential buildings by 39.5% and 11.0%, respectively. Engineering constructions decreased by 0.5%.

Source: Imobiliare.Net

Frequently Asked Questions

What was the growth rate for residential buildings?

In April 2015, the volume of construction works for residential buildings increased by 69.5% compared to April 2014.

How did the new construction sector perform?

New construction works saw a slight decrease of 0.6% in April 2015 compared to the same month of the previous year.

What was the overall growth for the first four months of 2015?

Between January 1 and April 30, 2015, the total volume of construction works increased by 12.2% compared to the same period in 2014.