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Ministry of Finance, Statistical Service

Latest Figures: Index of Production in Construction, 4th quarter 2009

The Production Index in Construction for the 4th quarter 2009 reached 101,8 units (base year 2005=100,0), recording a decrease of 13,3% over the 4th quarter 2008.

For the period January – December 2009, the index recorded a decrease of 10,8% over the corresponding period of 2008, which is attributed to the 14,9% drop recorded for the component index of Production for Buildings. On the other hand, the other component index, Production for Civil Engineering, restrained the overall drop recording a yearly increase of 9,3% over 2008.

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