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Bucharest
September 20, 2021
ECONOMY INVESTMENTS

Rekindling of constructions sector investment .Volume of construction works up by 10 pc in first nine months

The volume of construction works has grown by 9.9 per cent year-on-year as a gross series in the first nine months of this year, while its month-on-month growth stood at 13.7 per cent in September, the data published on Wednesday by the National Statistics Institute (INS) show.
As a series adjusted by the number of workdays and seasonality, the volume of construction works grew by 10.5 per cent year-on-year in the first nine months of the year, while the month-on-month growth stood at 0.7 per cent in September.
“Structure wise (gross series – editor’s note), in the first nine months growth was registered in capital repair works (15.9 per cent), current maintenance and repair works (13.2 per cent) and new construction works (7.6 per cent). Based on types of constructions, the construction works’ volume grew in engineering works (15.6 per cent) and non-residential buildings (5.2 per cent). Residential buildings grew by 0.2 per cent,” the INS communiqué reads.
Based on types of constructions, the constructions work volume grew as follows: non-residential buildings – 8.6 per cent; residential buildings – 6.7 per cent; engineering works – 6.4 per cent.
Compared to August, in September this year the volume of construction works grew both as a gross series and as a series adjusted by the number of workdays and seasonality, by 13.7 and 0.7 per cent respectively. Compared to the same month last year, the volume of construction works grew both as a gross series and as a series adjusted by the number of workdays and seasonality by 4.4 and 4 per cent respectively.

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