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Construction production index up 7.9% y-o-y in Q3 2023

08:08 - 12 January 2024

Economy Real Estate

The Index of Production in construction rose 7.9% year-on-year in the third quarter of 2023, reaching 186.29 units (base year 2015=100,00), Cystat said.

By type of project, an increase of 9.4% was observed in the buildings category and a slight decrease of 0.3% in civil engineering projects, during the same time period.

The Output Prices Index in Construction reached 137.27 units (base year 2015=100,00) in Q3 2023, recording an increase of 1.7% over the previous quarter and 6.0% compared with the same period last year.

By type of project, an increase of 1.2% was observed for buildings and 24.3% for civil engineering projects.

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