Production and costs in construction

In October 2016 the seasonally adjusted index of production in construction compared with the previous month decreased by 0.9%. In the quarter Aug-Oct 2016 the index increased by 0.7% with respect to the previous quarter.

The calendar adjusted index of production in construction sector decreased by 2.2% compared with the same month of the previous year (calendar working days being 21 versus 22 in October 2015). In the period January-October 2016 the percentage change of the index was -0.3 in comparison with the same period of 2015.

In October 2016 the unadjusted index of production in the construction sector decreased by 5.5% compared with October 2015. The average index of the first ten months of 2016 was 0.6% lower in comparison with the same period of 2015.

In October 2016 the cost index for road construction with tunnel section decreased by 0.1% compared with the previous month and by 0.5% compared with October 2015; the cost index for road construction without tunnel decreased by 0.1% compared with the previous month and by 0.5% compared with the same month of the previous year.

Since January 2013 all the cost indices are calculated with reference to the base year 2010.