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Construction industry continues to grow

D&T
November 14, 2017

In September 2017 and in the period January-September 2017, the volume of industrial sector output grew by 5.4% and 5.2% year-on-year, respectively. Since January 2010, the sector’s output has been up by more than 35%, and thanks to favourable economic conditions the sector’s expansion is expected to continue.

According to a report by the Ministry for National Economy, output at manufacturers, a predominant sector, increased by 5.7% year-on-year, while that of mining, a sector of small weight, grew by 14.6%. Output in the energy sector edged down by 2.6%.

Although, output at motor vehicle manufacturers, which sector accounts for some one-third of total manufacturing output, declined by 1.8%, this division’s performance has been the most remarkable since 2010, as output has been doubled in this period. Output at manufacturers of rubber products, a closely related sub sector, was up by 4.9%. Manufacturers of pharmaceuticals, mineral oil products, electric goods, metals and textile products posted double-digit output growth figures.

D&T

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