Construction Output Rises by 2.0%

According to the National Statistics Institute’s analysis of the Construction Output, Employment and Wages indices, there was a 2.0% year-on-year increase in construction output in September. The figure decelerated by 0.4 percentage points month-on-month.

The report stated that employment and remuneration showed year-on-year changes of 1.8% and 5.7% (1.6% and 5.8% in August), respectively.

The Construction Output Index registered an increase of 2.0% in September, after growing by 2.4% in August. Building construction rose by 0.1% (no change in August), and Civil Engineering slowed down by 1.1 percentage points to 4.9%.

The Employment and Compensation Indices showed year-on-year increases of 1.8% and 5.7%, respectively, in September (1.6% and 5.8% in the previous month). Compared to August, employment grew by 0.3%, while compensation decelerated by 2.9% (changes of 0.1% and -2.8% in September 2020, respectively).