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Construction production in May 2020

Construction production in May 2020

Last update: 10.07.2020
Ilustratívny obrázok/Illustrative image
Publisher: Headquarters Bratislava
Topic: Sectoral statistics
Domain: Construction
Publish Date: 10.07.2020

In May 2020 compared with May 2019, construction output significantly decreased by 12,4 %. Its overall volume reached EUR 422,5 million. In month-on-month comparison, the development was more favorable, after seasonal adjustment the construction output was higher by 2 % compared with April 2020.

Output realized by domestic construction enterprises decreased by 13,7 % to EUR 390,3 million. Compared with May 2019, the volume of work in repairs and maintenance was lower by 18,1 % and in new construction, renewals and enhancements by 12,6 %. In terms of output specification, construction works on buildings dropped by 14,2 % and of engineering works by 12,6 %.

Output carried out by non-domestic construction enterprises continued to grow, it rose by 7 %, year-on-year. It represented 7,6 % of the total output volume.

Over the first five months of 2020 compared with the corresponding period in 2019, construction output decreased by 4,7 % and reached EUR 1 853,1 million. Domestic output dropped by 6,2 % to EUR 1 715,6 million. The volume of construction works in new construction, renewals and enhancements decreased by 5,9 % to EUR 1 216,5 million and in repairs and maintenance by 7,7 % to EUR 443,1 million. Non-domestic output was higher by 18,8 %.


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 May 2020, the number of working days was lower by 2 days compared with the corresponding period in 2019 and from the beginning of the year. p.p. percentage point

 

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