Volume of construction works, up 4.4 percent in Q1

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The volume of construction works, gross series, grew 4.4 percent in Q1, 2009, compared to the same period of 2008, a rise reflected in residential buildings (up 21.4 percent) and non-residential buildings (up 5.1 percent), according to figures carried on Thursday by the National Statistics Institute (INS).

At civil engineering constructions the shrinkage was of 4 percent, In Q1 this year.

On elements of structure, at the works of new constructions the rise was of 9.2 percent. Reductions were reported at the works of maintenance and repairs (down 5.6 percent) and the works of capital repairs (down 5.3 percent).

According to the National Statistics Institute, in Q1, 2009, compared to Q1, 2008, the volume of construction works, adjusted series depending on reasonability grew 5.2 percent, a rise reflected at residential buildings (up 22.2 percent) and non-residential buildings (up 9.8 percent). On the other hand, at civil engineering constructions the drop was of 2.9 percent.

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