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Construction suffered its second consecutive year-on-year drop in November

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In November, 10 of the 16 items of the manufacturing industry presented year-on-year increases.

The data of the apparent consumption of construction inputs in November 2022 show, in relation to the same month of the previous year, increases of 21.9% in the rest of the inputs, which includes faucets, seamless steel tubes and glass for construction.

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They also registered increases of 12.4% in finished concrete; 3.9% in round iron and steel for construction; and 0.2% in portland cement.

Meanwhile, they observed drops of 15.2% in construction paints; 14.9% in ceramic sanitary ware; 13.7% in ceramic floors and coverings; 10.3% in limes; 8.1% in asphalt; 6.8% in hollow bricks; 6.2% in plaster; 3.1% in plasterboard; and 2.3% in granite and calcareous mosaics.

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In the accumulated during the eleven months of 2022, increases of 24.3% were observed in the rest of the inputs; 15.3% in finished concrete; 9.6% in plasterboard; 8.8% in portland cement; 8.8% in round iron and steel for construction; 5.9% in ceramic sanitary ware; 4.8% in plaster; 4.2% in granite and calcareous mosaics; 3.1% in limes; 2.2% in ceramic floors and coverings; and 1.7% in asphalt. Likewise, decreases of 5.6% were observed in hollow bricks and 2.7% in construction paints.

Construction: projections of businessmen in the sector

INDEC also consulted businessmen about how they expect the sector to evolve up to next month inclusive. Among those who are mostly dedicated to private work, 21.3% estimated that it would decrease until February, against 8.7% who anticipated an increase, while the remaining 70% considered that there would be no major changes.

Meanwhile, among those who are dedicated to public works, 30.3% anticipated a retraction, against 23.6% who considered that the activity will increase, and 46.1% who do not anticipate major variations.

Source: Ambito

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