Slovakia Construction Output Growth Eases In April

(RTTNews) - Slovakia's construction production growth moderated after accelerating sharply in the previous month, data from the Statistical Office of the Slovak Republic showed on Monday.

Construction output grew 13.2 percent year-on-year in April, much slower than the 29.9 percent surge in March. However, this was the strongest April performance in eighteen years.

The overall sharp growth was driven by a 20.0 percent expansion in domestic new construction. Repair and maintenance work also increased markedly by 13.0 percent. Meanwhile, construction production abroad declined for the third time this year.

On a monthly basis, construction output contracted a seasonally adjusted 6.7 percent.