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Press release

Production in the construction sector - May 2023

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In May 2023, estimates for construction output decreased in the month-on-month series, falling by 0.7%.

In the three months to May 2023, the seasonally adjusted index of production in construction dropped by 2.3% when compared with the previous three-month period.

Year on year, both the calendar adjusted index (calendar working days being 22 as in May 2022) and the unadjusted index were down 6.5%, falling for the fourth month in a row.

In the first five months of 2023, construction output declined by 2.8% in both the calendar adjusted series and in the unadjusted series.

Reference period: May 2023

Date of Issue: 18 July 2023

Next release: 21 September 2023

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The press releases published before 19 April 2016 are available in the archives of Production in constructions and Construction costs