Press Release 14/09/2017

CONSTRUCTION INDEX. II/2017

The Construction sector in the Basque Country grew by 4.5% in the second quarter of 2017

Accumulated growth in the first quarter of 2017 was 6.2%

Construction activity in the Basque Country registered a year-on-year nominal upturn of 4.5% in the second quarter of 2017, in homogeneous terms of the working calendar, according to data prepared by EUSTAT.

The rise in the Construction sector in this quarter was due to the positive performance of the Building subsector, which registered a year-on-year upturn of 6.4%, whereas the Civil Works subsector contracted by 8.5%.

Once corrected for seasonal effects, in the second quarter of 2017 the Construction sector dropped by 0.1% compared to the first quarter of 2017.

In quarter-on-quarter terms, if the activity of the sector in the second quarter of 2017 is compared to the previous quarter, the Civil Works subsector posted an upturn of 0.5%, whereas the Building subsector fell by 0.2%.

In terms of the total for the first quarter of 2017, the Construction sector of the Basque Country was up 6.2% on the same period of 2016.

Employment in the Construction sector saw a decrease of 0.5% in the second quarter of 2017 compared to the first quarter of 2017.

For further information:

Eustat - Euskal Estatistika Erakundea / Basque Statistics Institute C/ Donostia-San Sebastián, 1 01010 Vitoria-Gasteiz Press Service: servicioprensa@eustat.eus Tel: 945 01 75 62