According to the preliminary data, in November 2019 the index of production in section 'Construction' calculated on the base of seasonally adjusted data3 was 0.8% below the level of the previous month. In November 2019 working day adjusted data4 showed an increase by 1.3% in the construction production, compared to the same month of 2018, the NSI said in a press release.
Employment in manufacturing posted a significant increase last month, as new orders - mostly from abroad - continued growing.
Data from IHS Markit showed yesterday that the Purchasing Managers Index (PMI) in manufacturing ended 2019 at 53.9 points, slightly below the 54.1-point reading at end-November.
In July 2019, the overall business climate indicator remained at roughly the same level as the previous month. A decline in business conditions was observed in industry and construction while in retail trade the June level remained unchanged. The indicator is rising only in the service sector.