New orders index in construction and public works
New Orders in Construction index decelerated sharply in year-on-year terms
- 2nd Quarter 2014
21 August 2014
Summary
The new orders in construction index decelerated sharply, moving from a year-on-year change rate of 66.0% in the 1st quarter to 2.3% in the 2nd quarter. This performance was mainly determined by the evolution of the Civil Engineering sector index which moved from a change rate of 106.0% in 1st quarter 2014 to -6.3% in the following quarter. The Building Construction index presented a year-on-year change rate of 9.8% (21.0% in the previous quarter).