BBJ Tuesday, May 14, 2019, 11:30 The volume of construction output, based on raw data, was 67.6% higher in March 2019 than a year earlier, albeit from a low base, show monthly data from the Central Statistical Office (KSH). Output rose in both main groups of construction: in the construction of buildings by 62.3%, and in civil engineering works by 78.8%. Based on seasonally and working day-adjusted indices, construction output decreased by 2.5% compared to February. In the construction of buildings in March, the increase was due to industrial, residential and office buildings. In the civil engineering segment, road and railway projects, as well as energy investments, continued to generate the growth, said the KSH. Of the divisions of construction, output volume increased by 67.8% in the construction of buildings, by 85.1% in civil engineering, and by 59.2% in specialized construction activities. In absolute terms, the value of construction sector output reached HUF 342.5 billion in March. The volume of new contracts increased by 2.5%, within which the volume of new contracts for the construction of buildings went up by 40.8%, while the volume declined by 24.1% year-on-year in civil engineering works. Among buildings, in addition to high-value industrial investments,… Read full this story
- BUSINESS NEWS HEADLINES JUNE 10
- VIETNAM'S BUSINESS NEWS HEADLINES JUNE 14
- How has the Brexit vote affected the economy? April verdict
Construction output soars in March have 220 words, post on bbj.hu at May 14, 2019. This is cached page on Asean Breaking News. If you want remove this page, please contact us.