Construction Works Increased by 4.7%

In May 2015, the volume of construction works increased compared to the previous month by 12.3% as a gross series, while as a series adjusted for the number of working days and seasonality, it decreased by 2.8%. 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 4.7% and 7.0%, respectively. In the period 1.I.-31.V.2015, the volume of construction works increased compared to the period 1.I-31.V.2014, both as a gross series and as a series adjusted for the number of working days and seasonality, by 10.2% and 10.8%, respectively.
May 2015 compared to April 2015
The volume of construction works increased as a gross series by 12.3%, an increase highlighted in maintenance and current repair works and in new construction works by 28.9% and 10.0%, respectively. Capital repair works decreased by 3.1%. By construction objects, increases occurred in engineering works and residential buildings by 19.9% and 12.5%, respectively. Residential buildings remained at the same level compared to the previous month. As a series adjusted for the number of working days and seasonality, an overall decrease of 2.8% was recorded, highlighted in capital repair works by 12.8% and in new construction works by 0.9%. Maintenance and current repair works increased by 8.9%. By construction objects, non-residential buildings and engineering works decreased by 2.2% and 1.6%, respectively. For residential buildings, an increase of 3.5% was recorded.
May 2015 compared to May 2014
The volume of construction works increased as a gross series by 4.7%. By structural elements, increases occurred as follows: maintenance and current repair works by 12.9%, capital repair works by 8.6%, and new construction works by 0.6%. By construction objects, the volume of construction works increased for non-residential buildings by 19.8% and for engineering works by 6.6%. Residential buildings decreased by 17.5%. As a series adjusted for the number of working days and seasonality, the volume of construction works increased by 7.0%. By structural elements, increases were recorded as follows: capital repair works by 21.8%, maintenance and current repair works by 11.2%, and new construction works by 3.1%. By construction objects, the volume of construction works increased for non-residential buildings and engineering works by 21.0% and 1.6%, respectively. Residential buildings decreased by 10.4%.
Period 1.I-31.V. 2015 compared to period 1.I-31.V.2014
The volume of construction works increased overall, as a gross series, by 10.2%. By structural elements, increases occurred in capital repair works by 18.3%, maintenance and current repair works by 12.3%, and new construction works by 7.9%. By construction objects, the volume of construction works increased as follows: residential buildings by 16.9%, non-residential buildings by 8.2%, and engineering works by 9.4%. As a series adjusted for the number of working days and seasonality, the volume of construction works increased overall by 10.8%. By structural elements, increases were recorded as follows: capital repair works by 21.9%, new construction works and maintenance and current repair works by 10.2% each. By construction objects, the volume of construction works increased as follows: residential buildings by 23.3%, non-residential buildings by 12.2%, and engineering works by 0.3%.

Source: Imobiliare.Net

Frequently Asked Questions

What was the growth of construction works in May 2015 compared to May 2014?

The volume of construction works increased by 4.7% as a gross series and by 7.0% as a series adjusted for the number of working days and seasonality.

Which sector saw the highest growth in the first five months of 2015?

The highest growth was recorded in capital repair works, which increased by 18.3% as a gross series compared to the same period of the previous year.

How did residential buildings perform in May 2015 compared to the previous year?

In May 2015, the volume of works for residential buildings decreased by 17.5% as a gross series compared to May 2014.