Construction continues to contract but of a milder form – Economic

Construction continues to contract but of a milder form – Economic

Economic

Yesterday 11:14

Production index in the construction sector again showed a less negative decline in June.

The annual rate of change of the index of production in construction stood at 10% in June, which compares with a rate of -11.2% in the previous month, according to figures revealed today . INE

“The less negative evolution was common to both segments considered, Building Construction and Civil Engineering,” the statistics office

He added that:. “index of Building Construction year change of -8.2% (-9.3% in May), with a contribution of -4.8 percentage points (pp) for the aggregate index, while the index of Civil Engineering passed a variation of -13.9% in May to -12.5% ​​in June. “

Also employment rates and salaries of the sector decreased 5.2% and 3.2% respectively over the falls of 6.4% and 5.3% in May.