January 15 (SeeNews) - Romania's construction output fell by 4.6% year-on-year in November, following a 4% drop in October, the country's statistical office, INS, said on Tuesday, citing working-day adjusted data.
On a seasonally adjusted monthly comparison basis, construction production fell by 0.6% in November , following a 1.6% drop in October, INS said in a statement.
On an unadjusted basis, Romania's November construction output rose by 3.3% on the month and was 4.6% lower on the year.
In the first eleven months of 2018, the volume of construction works decreased by an adjusted 2.6% on the year.
Details follow (working-day and seasonally adjusted data, in percent):
|
Nov y/y |
Oct y/y |
Nov m/m |
Oct m/m |
Total |
-4.6 |
-4.0 |
-0.6 |
-1.6 |
Residential buildings |
-38.4 |
-29.5 |
-24.8 |
-12.7 |
Non-residential buildings |
-23.5 |
4.5 |
-9.7 |
2.1 |
Engineering sites |
20.7 |
4.6 |
10.1 |
0.0 |
Romania’s construction output decreased by an annual 5.4% in 2017.