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Construction production in July 2019

Construction production in July 2019

Last update: 16.01.2020
Ilustratívny obrázok/Illustrative image
Publisher: Headquarters Bratislava
Topic: Sectoral statistics
Domain: Construction
Publish Date: 10.09.2019

In July 2019, construction output decreased second month in a row. Compared with July 2018, it decreased by 7 %, it was the most considerable drop since the February of 2017. The total output reached the volume of EUR 514,4 million. Output was lower also in month-on-month comparison, compared with June 2019 it decreased by 2 % after seasonal adjustment.

Output realized by domestic construction companies decreased significantly by 9,2 %, year-on-year, and amounted to EUR 480,9 million. Output development was affected mostly by lower volume of works in new construction, renewals and enhancements by 13 % (in the structure of domestic output, it comprised 70,1 %).  Year-on-year, less work was carried out on repairs and maintenance by 2,9 %.  In terms of output specification, works on civil engineering decreased by 21,1 %, construction on buildings was also lower year-on-year by 1,2 %.  As part of the domestic output, works on buildings represented 65 %, civil engineering accounted for 35 %.

Output carried out by non-domestic construction companies developed favourably, in July 2019, it rose by 43,2 %, it represented 6,5 % of the total output volume.

On average, over the first seven months of 2019 compared with the corresponding period of 2018, construction output dropped by 2,3 % and reached the volume of EUR 2 924,7 million. Domestic output decreased by 3,2 %, year-on-year, to EUR 2 750,3 million. Works on new construction, renewals and enhancements decreased by 5,8 % to EUR 1 951,7 million. The volume of works in repairs and maintenance increased, year-on-year, by 0,4 % and amounted to EUR 716 million. In the structure of the domestic output, the share of new construction, renewals and enhancements decreased by 1,9 p.p. to 71 %, the share of repairs and maintenance works represented 26 %. Non-domestic output increased by 13,7 %.

Note: preliminary data; 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 July 2019, compared with the corresponding period in 2018, the number of working days was higher by one day, from the beginning of the year, it was coincident.
p.p. percentage point

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