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Construction production in August 2019

Construction production in August 2019

Last update: 10.10.2019
Ilustratívny obrázok/Illustrative image
Publisher: Headquarters Bratislava
Topic: Sectoral statistics
Domain: Construction
Publish Date: 10.10.2019

In August 2019, construction output decreased third month in a row; compared with August 2018, it decreased by 6,9 %. The total output reached the volume of EUR 546,6 million. After seasonal adjustment, output was higher by 0,5 % in month-on-month comparison, compared with July 2019 %.

Output realized by domestic construction companies decreased by 8,7 %, year-on-year, and amounted to EUR 515,2 million. Output development was affected mostly by lower volume of works in new construction, renewals and enhancements by 11,2 % (in the structure of domestic output, it comprised 71,3 %) and in repairs and maintenance by 8,4 %.  In terms of output specification, works on civil engineering decreased by 19,5 %, construction on buildings was also lower year-on-year by 1,7 %.  As part of the domestic output, works on buildings represented 65,3 %, civil engineering accounted for 34,7 %.

Output carried out by non-domestic construction companies developed favourably, in August 2019, it rose by 38,2 %, it represented 5,8 % of the total output volume.

On average, over the first eight months of 2019 compared with the corresponding period of 2018, construction output dropped by 3,1 % and reached the volume of EUR 3 471,3 million. Domestic output decreased by 4,1 %, year-on-year, to EUR 3 265,4 million. Works on new construction, renewals and enhancements decreased by 6,7 % to EUR 2 318,8 million. The volume of works in repairs and maintenance decreased, year-on-year, by 1,1 % and amounted to EUR 846,8 million. In the structure of the domestic output, the share of new construction, renewals and enhancements decreased by to 71 %, the share of repairs and maintenance works represented 25,9 %. Non-domestic output increased by 16,8 %.

Note: construction production includes volume of works realized by own employees; including estimation of production for self-employed persons and construction establishments of non-construction enterprises; absolute data are at current prices, indices are calculated from constant prices (average prices of 2015). In August 2019, the number of working days was lower by one day compared with the corresponding period in 2018 and also from the beginning of the year.
p.p. percentage point 

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