In any case, construction activity is at a level 21.2% higher than Pre-Covid (February 2020) in the series without seasonality, and exceeds the levels of January 2020 (+17.1%) and January 2019 (+1.3%) in the original series.
In the month, sales of 6 of the 13 supplies surveyed grew in year-on-year terms. They led the growth in shipments from Rest (+17.6% year-on-year) -which includes data on apparent consumption of seamless tubes, glass and taps-, Granite and limestone mosaics (+16.8% year-on-year) and Asphalt (+15, 7% YoY). The inputs with the greatest falls were Paints (-17.6% year-on-year), Hollow bricks (-16.3% year-on-year) and Prepared concrete (-14.5% year-on-year)
In any case, expectations about the activity of the sector for the next three months improved. 29.3% of companies dedicated to private construction and 45.1% of companies dedicated to public works believe that activity will increase in the February-April quarter of 2022 (vs. 23.1% and 32, 9%, respectively, in the January-March 2022 quarter).
Source: Ambito
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