Press Release 27/09/2013

CONSTRUCTION INDEX OF THE BASQUE COUNTRY (ICC) 2ND QUARTER 2013

The construction sector in the Basque Country fell by 20.6% in the second quarter of 2013

Building contracted by 20.7%, whilst Civil Works registered a decrease of 20.4%

Construction activity in the Basque Country registered a year-on-year nominal downturn of 20.6% in the second quarter of 2013, in homogeneous terms of the working calendar, according to EUSTAT data.

Once corrected for seasonal effects, in the second quarter of 2013 the Construction sector fell by 7.3% compared to the first quarter of 2013.

The drop in the Construction sector in this quarter was due to both the negative performance of the Building subsector, which registered a year-on-year downturn of 20.7%, and the Civil Works subsector, which posted a fall of 20.4%.

In quarter-on-quarter terms, if the activity of the sector in the second quarter of 2013 is compared to the previous quarter, both the Building and Civil Works subsectors posted negative trends of 4.5% and 12.4%, respectively.

Employment in the Construction sector experienced a decrease of 3.3% compared to the first quarter of 2013.

For further information:

Eustat - Euskal Estatistika Erakundea / Instituto Vasco de Estadística C/ Donostia-San Sebastián, 1 01010 Vitoria-Gasteiz Press Service: servicioprensa@eustat.eus Tlf: 945 01 75 62 Further press releases on Construction index of the Basque Country (ICC) Database on Construction index of the Basque Country (ICC)