Press Release 18/09/2014

CONSTRUCTION INDEX OF THE BASQUE COUNTRY (ICC) I/2014

The construction sector in the Basque Country fell by 3.7% in the second quarter of 2014

Building contracted by 8.2%, whilst Civil Works registered an increase of 5.3%

Construction activity in the Basque Country registered a year-on-year nominal downturn of 3.7% in the second quarter of 2014, in homogeneous terms of the working calendar, according to EUSTAT data.

Once corrected for seasonal effects, in the second quarter of 2014 the Construction sector fell by 1.5% compared to the first quarter of 2014.

The drop in the Construction sector in this quarter was due to the negative performance of the Building subsector, which registered a year-on-year downturn of 8.2%, since the Civil Works subsector posted a rise of 5.3%.

In quarter-on-quarter terms, if the activity of the sector in the second quarter of 2014 is compared to the previous quarter, the Building subsector had a negative evolution of 2.4%, whereas the Civil Works subsector posted an increase of 0.2%.

Employment in the Construction sector experienced a decrease of 0.9% in the second quarter of 2014 compared to the first quarter of 2014.

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)