The National Statistics Institute (INS) released its monthly report on constructions works comprising values for June 2011 and for the first semester of 2011. In June 2011, the gross volume of construction works increased by 27, 3 percent to the previous month. Compared to June 2010, the volume of construction works decreased by an adjusted value of 11, 3 percent. In addition, the volume of construction works for the first half of 2011 decreased by an adjusted value of 4,7 percent to the same period of 2010.
June 2011 to June 2010
In adjusted values to number of working days and seasonality values, the volume of construction works decreased by 11,3 percent, from June 2010 to June 2011. Maintenance and current repair works registered an 11,3 percent increase, while capital repairs decreased by 31 percent. Also, new building works decreased by 13 percent. The volume of construction works went down on residential buildings by 42 percent and for engineering constructions by 6 percent. Non-residential buildings registered a 13 percent increase.
First semester of 2011 to first semester of 2010
In adjusted values to number of working days and seasonality values, the volume of construction works decreased by 4,7 percent, from the first half of 2010 to the first half of 2011. New buildings works decreased by 8 percent, while maintenance and current repairs decreased by 1, 4 percent. Capital repair works increased by 6 percent.
The volume of construction works for non-residential buildings increased by 6 percent, while residential buildings registered a 21 percent decrease. Engineering constructions also registered a 2 percent decrease.