Production in construction

In December 2018 construction output continues to rise in the month-on-month series, growing by 0.2%.

In Quarter 4 (October to December) production in construction decreased by 0.8%, following an increase throughout Quarter 2 and Quarter 3.

Compared with December 2017, construction output reported a contraction in the calendar adjusted series, falling by 1.3%, while the unadjusted index rose by 2.2%.

Looking at annual growth rates, the whole of 2018 saw an increase of 0.9% in the calendar adjusted series, while the unadjusted index grew by 1.6%. Thus, estimates seem to confirm a return to growth in the construction output for the second consecutive year.