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Bulgarian construction sector improves in October 2011 - NSI

Bulgarian construction sector improves in October 2011 - NSIBulgaria's construction output grew by 0.2 per cent in October 2011, according to data from the National Statistics Institute (NSI). The index also shows that the trend for year-on-year decline continues, the annual drop for October amounting to 9.5 per cent.

The seasonally adjusted figures showing that October was the third month of 2011 to bring a production increase in the sector. The other two months to end with growth were May and August.

Building construction, which includes residential and non-residential buildings, increased by 0.5 per cent on the month but was 3.6 per cent down on an annual basis.

The engineering portion of the index registered a month-on-month decline of 0.5 per cent and slumped 17.6 per cent compared to October 2010. The segment encompasses infrastructure building, which includes roads, bridges, pipelines and power transmission lines.


12 December 2011 - Dnevnik

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construction, building construction, civil engineering, residential construction


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