Romania’s construction output fell 6.7% in 2014 compared with the previous year, as infrastructure works almost came to a halt, data from the statistics institute INS showed Friday.
The volume of works on residential and non-residential buildings increased by 32.6% and, respectively, 16.6% on the year in 2014, but infrastructure works were down 21.8% compared with 2013.
By structure, the volume of capital repair works was down 17.9%, while maintenance works and new construction works declined by 9% and 3.2% respectively.
In December alone, the construction output increased 7.2% compared with the previous month, in data adjusted for number of working days and seasonal factors. New construction works were up 18.4% against November, but output in the capital repair and maintenance sectors fell by 9.1% and 2% respectively.
Compared with December 2013, the adjusted construction output was up 8.9% in the last month of 2014. New construction works and maintenance works went up by 20.4% and 0.9%, respectively, but capital repair works were down 8.6% on the year in December.
In unadjusted data, Romania’s construction output rose 22.2% on the month in December, and was 15% higher against the same period of 2013.