Bulgaria’s November Construction Output Index Rises 0.4% M/M, Down 0.5% Y/Y

Bulgaria’s construction production index for November 2015 increased by 0.4% month-on-month but was 0.5% lower compared with November 2014, the country’s statistical office NSI announced on Friday.

The month-on-month rise in the index in November 2015 was due to increases in the sub-index of civil engineering construction output (by 0.6%) and the sub-index of construction of buildings (by 0.1%).

The year-on-year decrease in the construction production index in November was determined mainly by a drop of 7.0% in the sub-index of construction of buildings, while the sub-index for civil engineering construction increased by 6.9%, the NSI said.

The data for November 2015 are preliminary and adjusted for the number of working days.