Construction volume down by 5% in third quarter

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The value of Estonian construction enterprises in Estonia and abroad decreased by 5 percent compared year on year in the third quarter, data from Statistics Estonia show.

The total production value of Estonian construction enterprises was €1,127 million, including €686 million worth of building construction and €441 million worth of civil engineering.

Compared with the third quarter of last year, the volume of building construction fell by 4 percent, and the volume of civil engineering works (roads, bridges, port facilities, pipelines, communication and electricity lines, sports fields, etc.by 7 percent.

Merike Sinisaar, leading analyst at Statistics Estonia, noted that, in the third quarter, the domestic construction market was mainly affected by the decreased volume of civil engineering.

Read more: ERR.EE

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