INS: Building works prices to grow slightly over Aug-Oct

Prices for building works will stabilize over Aug-Oct (+37% balance), National Statistics Institute (INS) data say.
August 2008 estimates say that the building activity will score a growth (+16% balance) correlated with the growth in the number of contracts and orders (+15%) Generally, the building sector expects a stability trend for the number of employees.
The volume of building works grew by 33.2% in real terms, in the first half of 2008, compared with the same time of the previous year, INS data say.
Building works indices increased by 19% in June vs. May 2008, and by 33.9% in real terms, compared with the same time in 2007.
The value of the building works grew by 33.2%, in real terms, for all kinds of buildings, namely by 35.7% for non-residential buildings, by 34.7% for residential buildings and by 31.7% for engineering buildings, in H1 of 2008 than during the same period in 2007.

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