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- Italy's сonstruction output continued to decline in January
Italy's сonstruction output continued to decline in January
According to the report from the National Institute of Statistics (ISTAT), in January 2021, estimates for construction output increased by 4.5% in the month-on-month series, after falling in December (-4.2%).
In the three months to January 2021, the seasonally adjusted index of production in construction contracted by 2.8% when compared with the previous three months.
Year on year, the unadjusted index for construction output dropped by 7.9%, while the calendar adjusted index (19 calendar working days versus 21 in January 2020) decreased by 1.5%.
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