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Tuesday, March 28, 2023

Construction ended a streak of three consecutive falls and expanded 2.6% in January

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According to INDEC, the Synthetic Indicator of Construction Activity rose to 4.3% in the variation compared to the previous month for the first time in the last six months.

He Synthetic Indicator of Construction Activity rose 2.6% in January compared to the same month of the previous year and thus ended a negative streak of three consecutive months, indicated the National Institute of Statistics and Censuses (Indec).

At the same time, the index rose to 4.3% in the variation with respect to the previous month, in this case December, and it did so for the first time in the last six months.

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The data on the apparent consumption of inputs for construction in January 2023 show, in relation to the same month of the previous year, increases of 26.3% in finished concrete; 15.8% in the rest of the inputs (includes taps, seamless steel tubes and glass for construction); 11.4% in plaster.

The increases were followed by the following items: 10.9% in plasterboard; 10.4% in granite and calcareous mosaics; 9.2% in portland cement; 7.9% in asphalt; 5.0% in construction paints; and 2.7% in round iron and steel for construction.

Meanwhile, decreases of 26% are observed in ceramic floors and coverings; 20.8% in ceramic sanitary ware; 13.5% in hollow bricks; and 8.7% in limes.

As a complement to the ISAC data, information is published on jobs registered in the construction activity in the private sector.

In December 2022, this indicator registered a rise of 15.8% compared to the same month of the previous year. In the accumulated of 2022, this index grew 16.0% compared to the same period of the previous year, reported INDEC.

Source: Ambito

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