“Last month there was a new rise in the level of construction activity, corroborating that it is a profitable and safe business for investors and a solid refuge in value in the face of high market volatility. The demand for construction materials remains stable with moderate growth”, they maintained from the Construya Group.
April data meant the third consecutive monthly increase and the sixth in annual terms. In addition, in the first quarter, the index exhibited a rebound of 8.1% compared to the same period of 2021.
It is worth clarifying that in March the Construya Index showed a different result than the Synthetic Index of Construction Activity (ISAC) published by INDEC. While the former resulted in an advance of 3.7% compared to February, the latter showed a drop of 4.1%.
Still, construction stood at a level 24.1% higher than February 2020 (pre-Covid). The report released by INDEC revealed that growth expectations for private construction improved for the next quarter, although projections for public works worsened.
The companies that make up Grupo Construya are the following: Later Cer-Cerámica Quilmes, FV, Loma Negra, Ferrum, Klaukol, Aluar, AcerBrag, Plavicon, Cerámica San Lorenzo, Cefas, Peisa and Grupo Dema.
Source: Ambito
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