Volume of construction works increased by 12% in the first half of the year

31 August 2023

The volume of construction works increased by 12.0 percent in the first half of this year compared to the period 1 January – 30 June 2022, according to data from the National Institute of Statistics.

By structural elements, increases occurred in capital repair works (+36.7 percent), new construction works (+9.9 percent) and current maintenance and repair works (+9.7 percent). By construction objects, increases occurred in engineering constructions (+33.1 percent). Residential buildings and non-residential buildings decreased by 4.6 percent and 0.8 percent respectively.

According to the INS, the volume of construction work increased in June 2023 compared to May 2023 by 12.7 percent, and in June 2023 compared to June 2022 the volume of construction work increased overall by 15.2 percent.

Source: Economica.net

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