Economy
20:22 24 June 2019
Post by: WBJ

Growth of construction and assembly output to slow down to 5% y/y in June

Growth of construction and assembly output to slow  down to 5% y/y in June
source: MaxPixel

The growth of the sold production of construction and assembly will slow down to 5 percent y/y in June (compared with 9.6 percent y/y in May), experts from the Ministry of Enterprise and Technology (MPiH) predict.

“In June, the general climate indicator in construction is at a level close to that seen in May (plus 7.8 against plus 7.7). The assessment of the current order portfolio and construction and assembly production remains positive, while the assessment of the financial situation remains negative, mainly due to growing delays in payments for construction and assembly works,” the MPiH said.

(ISBnews)

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