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- Italy construction output continued to rise in December 2018
Italy construction output continued to rise in December 2018
According to the report from Italian National Institute of Statistics (Istat), in December 2018 construction output continues to rise in the month-on-month series, growing by 0.2%.
In Quarter 4 (October to December) production in construction decreased by 0.8%, following an increase throughout Quarter 2 and Quarter 3.
Compared with December 2017, construction output reported a contraction in the calendar adjusted series, falling by 1.3%, while the unadjusted index rose by 2.2%.
Looking at annual growth rates, the whole of 2018 saw an increase of 0.9% in the calendar adjusted series, while the unadjusted index grew by 1.6%. Thus, estimates seem to confirm a return to growth in the construction output for the second consecutive year.
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