In January 2015, the volume of construction works, as a series adjusted for the number of working days and seasonality, decreased by 5.4% compared to the previous month. Compared to the corresponding month of the previous year, the volume of construction works increased by 12.2% as a gross series, and by 12.9% as a series adjusted for the number of working days and seasonality.
January 2015 compared to December 2014
The volume of construction works decreased, as a gross series, by 70.9%, a decline highlighted as follows: maintenance and current repair works by 74.0%, new construction works by 70.2%, and capital repair works by 69.1%. By construction objects, decreases occurred in engineering structures by 75.0%, non-residential buildings by 68.9%, and residential buildings by 58.3%.
As a series adjusted for the number of working days and seasonality, a decrease of 5.4% was recorded, highlighted as follows: new construction works by 12.6%, maintenance and current repair works by 10.1%, and capital repair works by 0.2%. By construction objects, decreases were recorded for non-residential buildings and engineering structures by 11.5% and 8.8%, respectively. Residential buildings increased by 21.7%.
January 2015 compared to January 2014
The volume of construction works increased, as a gross series, by 12.2%. By structural elements, increases occurred in capital repair works by 22.6% and new construction works by 17.5%. Maintenance and current repair works decreased by 6.5%. By construction objects, residential buildings and non-residential buildings increased by 53.9% and 27.7%, respectively. Engineering structures decreased by 6.0%.
As a series adjusted for the number of working days and seasonality, the volume of construction works increased by 12.9%. By structural elements, increases were recorded as follows: capital repair works by 25.3%, new construction works by 19.3%, and maintenance and current repair works by 2.3%.
By construction objects, the volume of construction works increased for residential buildings and non-residential buildings by 47.6% and 29.3%, respectively. Engineering structures decreased by 11.8%.
Source: Imobiliare.Net
Frequently Asked Questions
How much did construction work volume increase in January 2015?
The volume increased by 12.2% as a gross series and by 12.9% as an adjusted series compared to January 2014.
Which sectors saw the highest growth?
Residential buildings grew by 53.9% and non-residential buildings by 27.7% (gross series) compared to the same month of the previous year.
How did the market perform compared to December 2014?
On a seasonally adjusted basis, there was a 5.4% decrease, while the gross series fell by 70.9% due to typical winter seasonal factors.