Construction Output in Slovakia Contracted by 4.6 Percent in April

Construction Output in Slovakia Contracted by 4.6 Percent in April

The ongoing decline in the construction sector in Slovakia slowed down in April. Construction output fell by 4.6 percent to €342.1 million, according to the Slovak Statistics Office. Development of domestic production was affected by a drop in construction works on new construction, modernization, and reconstruction by 12.5 percent.

Production realized abroad by Slovak construction companies in April increased by 40.3 percent to €31.5 million. Its share of the total volume of construction output accounted for 9.2 percent.

Anca Dragu

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