Construction production falls 2.6% YoY in June

08.08.2011 Source: NSI; FFBH

The construction production index, working day adjusted, dropped 2.6% YoY in June and, seasonally adjusted, it was down by 0.5% MoM. On a yearly basis, building construction dropped by 4.4%, while civil construction marked a decline of 21.5% YoY. On a monthly basis, building construction remained flat and civil construction fell by 1.3% MoM.