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Construction production in February 2020

Construction production in February 2020

Last update: 09.04.2020
Ilustratívny obrázok/Illustrative image
Publisher: Headquarters Bratislava
Topic: Odvetvové štatistiky
Domain: Stavebníctvo
Publish Date: 09.04.2020

In February 2020, construction output continued to increase the second month in a row, compared to February 2019, it rose by 7,6 % to EUR 352,4 million. After seasonal adjustment it rose by 1,3 % compared with January 2020.

In February 2020, compared with February 2019, output realized by domestic construction companies increased by 4,9 % and amounted to EUR 323,3 million. The development of domestic output was affected by a year-on-year increase in new construction, renewals and enhancements by 4,1 % and in repairs and maintenance by 5 %.  In the structure of the domestic output, new construction, renewals and enhancements represented 70,4 %, the share of repair and maintenance works was 27,1 %. In terms of output specification, construction on building rose by 7,7 % (it represented 75,7 % of the domestic output). Civil engineering works decreased by 3 % (it represented 24,3 % of the total domestic output) in February.

Output carried out by non-domestic construction companies increased by 50,6 % year-on-year. It represented 8,2 % of the total output volume.

Over the first two months of 2020, compared with the corresponding period in 2019, construction output increased by 7,2 % and amounted to EUR 663,1.  Domestic output increased by 5,3 % to EUR 611,2 million. Volume of works on repairs and maintenance increased by 6,2 % and amounted to EUR 171,8 million. Works on new construction, renewals and enhancements increased by 3,9 % to EUR 422,7 million. In the structure of the domestic output, the share of new construction, renewals and enhancements decreased to 69,2 %, repairs and maintenance works represented 28,1 %. Non-domestic output increased by 37,8 %.


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 February 2020, the number of working days was coincident compared with the corresponding period in 2019 and it was lower by 1 day since the beginning of the year.
p.p. percentage point

 

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