Construction sector increased 12.5% in the first 11 months of 2022

26 January 2023

Constructions increased in the first 11 months of 2022 by 12.5 percent and are, once again, one of the sectors that keep the economy in surplus, while industry (the most important branch in terms of contribution to GDP formation) is decreasing , and agriculture, due to the drought, suffered greatly last year.

According to the data of the National Institute of Statistics (INS), in the first 11 months from 2022, compared to the same period of the previous year, construction works advanced by 12.5 percent, with a significant jump in November. In November 2022, compared to the previous November, constructions increased by 20.3 percent. In November 2022, compared to October 2022, construction works decreased by 1 percent, but overall, they remain a dynamic sector.

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