July’16 construction output down by 1.4% MoM and by 11.8% YoY

Bulgaria’s construction output index declined by 1.4% MoM in July’16, after 1.6% monthly decline in June, according to preliminary data of the National Statistical Institute. The working day-adjusted construction output index decreased by 11.8% YoY. The civil construction decreased by 3.3% MoM (-14.2% YoY) while the building construction added 0.3% MoM (-9.4% YoY).