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Construction production in May 2019

Construction production in May 2019

Last update: 10.07.2019
Ilustratívny obrázok/Illustrative image
Publisher: Headquarters Bratislava
Topic: Sectoral statistics
Domain: Construction
Publish Date: 10.07.2019

In May, construction output again increased after a two-month decrease. Compared with May 2018, it rose by 1,6 % and amounted to EUR 467,9 million. After seasonal adjustment, it was higher by 0,1 % compared with April 2019.

In May 2019, output realized by domestic construction companies increased by 0,1 %, year-on-year, and amounted to EUR 438,8 million. Its share on the total construction output decreased, year-on-year, by 1,4 p.p. to 93,8 %. The volume of works in new construction, renewals and enhancements recorded a rise for the first time since the beginning of the year, it increased by 1,6 %, year-on-year. On the contrary, repairs and maintenance works decreased by 7,9 %.  In the structure of the domestic output, the share of new construction, renewals and enhancements represented 71,9 % (by 0,9 p.p. higher than in May 2018). The share of repairs and maintenance works represented 24,6 %. In terms of output specification, the volume of works on civil engineering works increased by 0,7 %. Construction of buildings decreased by 0,2 %. Within domestic output, construction of buildings represented 65 %, civil engineering works accounted for 35 %.

Output carried out by non-domestic construction companies increased by 30 %, it comprised 6,2 % of the total output volume.

On average, over the first five months of 2019 compared with the corresponding period of 2018, construction output dropped by 0,9 % and reached the volume of EUR 1 886,5 million. Domestic output decreased by 1,3 %, year-on-year, to EUR 1 774,1 million. Works on new construction, renewals and enhancements dropped by 3,7 % to EUR 1 255 million. The volume of works in repairs and maintenance increased, year-on-year, by 1,3 % and amounted to EUR 466,3 million. In the structure of the domestic output, the share of new construction, renewals and enhancements decreased by 1,8 p.p. to 70,7 %, the share of repairs and maintenance works represented 26,3 %. Non-domestic output increased by 6,9 %.


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 May 2019, compared with the corresponding period in 2018 and also from the beginning of the year, the number of working days was coincident.
p.p. percentage point
 

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