In March 2015, the volume of construction works increased compared to the previous month, both as a gross series and as a series adjusted for the number of working days and seasonality, by 47.2% and 4.4%, respectively. Compared to the corresponding month of the previous year, the volume of construction works increased as a gross series by 13.8%, and as a series adjusted for the number of working days and seasonality, it increased by 9.7%. In the first quarter of 2015, the volume of construction works increased compared to the first quarter of 2014, both as a gross series and as a series adjusted for the number of working days and seasonality, by 13.4% and 12.5%, respectively.
March 2015 compared to February 2015
The volume of construction works increased as a gross series by 47.2%, a growth highlighted in capital repair works by 136.8%, in new construction works by 43.1%, and in maintenance and current repair works by 28.3%. By construction objects, increases occurred as follows: engineering works by 53.5%, non-residential buildings by 45.1%, and residential buildings by 30.9%.
As a series adjusted for the number of working days and seasonality, an overall increase of 4.4% was recorded, highlighted in capital repair works by 55.6%, in new construction works by 5.2%, and in maintenance and current repair works by 0.1%. By construction objects, increases were recorded for residential buildings by 14.9% and for engineering works by 4.3%. Non-residential buildings decreased by 0.6%.
March 2015 compared to March 2014
The volume of construction works increased as a gross series by 13.8%. By structural elements, increases occurred in capital repair works by 14.7%, in maintenance and current repair works by 14.3%, and in new construction works by 13.5%. By construction objects, the volume of construction works increased as follows: residential buildings by 37.7%, engineering works by 18.2%, and non-residential buildings by 1.1%.
As a series adjusted for the number of working days and seasonality, the volume of construction works increased by 9.7%. By structural elements, increases were recorded in capital repair works by 11.3%, in new construction works by 11.1%, and in maintenance and current repair works by 6.4%. By construction objects, the volume of construction works increased for residential buildings and engineering works by 36.6% and 2.7%, respectively. Non-residential buildings decreased by 0.2%.
First Quarter 2015 compared to First Quarter 2014
The volume of construction works increased overall, as a gross series, by 13.4%. By structural elements, increases occurred in new construction works by 16.2%, in maintenance and current repair works by 9.0%, and in capital repair works by 6.1%. By construction objects, the volume of construction works increased as follows: residential buildings by 19.9%, non-residential buildings by 15.0%, and engineering works by 10.5%.
As a series adjusted for the number of working days and seasonality, the volume of construction works increased overall by 12.5%. By structural elements, increases were recorded as follows: new construction works by 16.4%, maintenance and current repair works by 8.0%, and capital repair works by 6.7%. By construction objects, the volume of construction works increased for residential buildings and non-residential buildings by 19.8% and 18.2%, respectively. Engineering works decreased by 0.2%.
Source: Imobiliare.Net
Frequently Asked Questions
What was the total growth of construction works in the first quarter of 2015?
In Q1 2015, the volume of construction works increased by 13.4% as a gross series and by 12.5% as a seasonally adjusted series compared to the same period in 2014.
Which sector saw the highest growth in March 2015 compared to the previous month?
Capital repair works saw the most significant increase, rising by 136.8% as a gross series in March 2015 compared to February 2015.
How did the residential building sector perform in Q1 2015?
The residential building sector showed strong performance, with a 19.9% increase in construction volume as a gross series compared to the first quarter of the previous year.