Official statistics: Volume of Jan - May construction works up 23.1 pct YoY

The volume of construction works over January - May this year was 23.1 pct up from same period last year expressed as raw series, and 14.5 pct higher YoY as workday and seasonally adjusted series, according to data provided on Monday by the National Institute of Statistics. New construction works increased by 30.9 pct, maintenance and current repair works advanced 9.6 pct, while capital repair works dropped 1.6 pct YoY. By construction objects, the volume of non-residential buildings increased 39.9 pct, residential buildings advanced by 33.1 pct and engineering works were 7.6 pct up as raw series. Expressed as workday and seasonally adjusted series, the total volume of construction works was 14.5 pct higher YoY, with new construction works having registered an advance of 23.6 pct, maintenance works and current repair works inching up 1.6 pct and capital repair works growing 1.2 pct. The volume of non-residential building works increased by 31.7 pct, that of residential buildings was up 28.5 pct and engineering works advanced 2.8 pct as adjusted series. The volume of construction works was 5.8 pct higher in May 2019 compared to the previous month as raw series, with the breakdown as follows: maintenance and current repair works +14.1 pct; capital repair works +8.2 pct; new construction works +3.3 pct. By construction objects, the volume of residential buildings increased 10.8 pct, engineering works advanced 9.3 pct, while the volume of non-residential buildings was down 0.8 pct as raw series. As adjusted series, the total volume of construction works this May was 7.6 pct lower compared to the month before, with a 12 pct fall in capital repair works and a 10.5 pct decline in new construction works; the volume of maintenance and repair works increased 3.7 pct. By construction objects, engineering works dropped 11.9 pct, and non-residential buildings by 7.5 pct. Residential buildings advanced 5.9 pct. In a YoY comparison, the total volume of construction works was 25.5 pct higher in May 2019 as raw series, driven by the 31.2 pct rise in the volume of new construction works and the 24.7 pct growth in maintenance and current repair works; capital repair works dropped 9.5 pct. Expressed as raw series, the volume of non-residential buildings increased 59.3 pct, that of residential buildings by 52.2 pct, and engineering works by 0.3 pct. As adjusted series, the volume of construction works was 19.6 pct up in May 2019 from the month before, with new construction works growing 25.9 pct, maintenance and repair works advancing 24.7 pct, while capital repair works declined by 10.3 pct. By construction objects, there was a 55.5 pct advance in the volume of non-residential buildings and a 49 pct growth in the volume of residential buildings; engineering works dropped by 3.1 pct. AGERPRES (RO - author: George Banciulea, editor: Andreea Marinescu; EN - author: Simona Klodnischi, editor: Simona Iacob)