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Construction production in September 2022
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Construction production in September 2022

11.11.2022
Ilustratívny obrázok/Illustrative image



11.11.2022

Even in September, construction output progressed faster than inflation, the sector was in slightly positive numbers for the third month

Construction output in September 2022 rose year-on-year for the third consecutive month, the positive numbers were mainly the result of the growth of domestic new construction, renewals and enhancements, and the double-digit growth of non-domestic production.

The volume of construction works1) in September 2022 reached almost EUR 630 million, construction output2) increased by 2.7% year-on-year and it was in positive numbers for the third consecutive month. At current prices, it was the highest monthly volume in the last five years.

Month-on-month, after seasonal adjustment, construction was lower by 1% compared to the previous month.

The decisive component with a 88% share in terms of construction performance was domestic output, which increased slightly year-on-year. The positive result was mainly supported by the year-on-year increase in works in the decisive new construction3) by 3.7%. Repairs and maintenance decreased by 4.4% year-on-year, but they only represent a smaller share of domestic output - a quarter.

Illustration image - Graph

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In terms of the production focus, the work in construction of buildings also increased year-on-year (by 2.2%), and slightly also the works on engineering constructions, which also include the construction of highways. Works abroad also contributed to the overall positive result of the industry with a year-on-year increase of approximately by 12%.

In total, for the three quarters of 2022, construction output reached a volume of almost EUR 4.4 billion which in constant prices (after taking into account inflation) was slightly more than in the corresponding period of 2021. The result is a consequence of a year-on-year better performance of new domestic construction3) and works abroad.

Outputs on the topic of construction production:

Extended monthly data in a more detailed structure on the subject of construction production are available in section 4. Industry statistics/4.3.1 Construction production and sales. They contain all the data from the publication Construction production, employees and wages in construction companies of the Slovak Republic, the publication of which has been stopped since September 2022.

Year-round data on the development of the construction industry are in the DATAcube database. in chapter 4.3-Construction and also in the publication Yearbook of Construction in SR 2021, which can be found in the Catalogue of publications.

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