Construction sector will slow down

Output in the construction sector will rise 2.4% in 2019, according to a survey among construction firm managers by CEEC Research. The growth pace will fall from 10.5% in the third quarter of 2018 to zero in 2020. Infrastructure firms are more optimistic in their 2019 outlook (6%). Companies have contracts for a further 7.6 months (nine months last year). They complain about a steep rise in the price of labor (+15% annually) and materials (13%).

(teraz.sk)

Táto správa je z Ekonomiky DNES, denného prehľadu najdôležitejších ekonomických správ zo Slovenska.

This news is from the Slovak Business News TODAY, one-page summary of all the important Slovak business news.

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