On construction and building permits granted in 3rd quarter of 2012

15.11.2012

In the 3rd quarter of 2012, construction output (at current prices) comprised LVL 354.5 million, according to the data of the Central Statistical Bureau.

Construction production index
(2005 = 100)

Compared to the 2nd quarter of 2012, construction output in the 3rd quarter of 2012 reduced by 0.8%, according to seasonally adjusted data at constant prices. Of which construction of buildings grew by 0.1% and construction of civil engineering structures diminished by 0.8%.

Compared to the 3rd quarter of 2011, construction output in the 3rd quarter of 2012 grew by 8.3%, according to calendar adjusted data at constant prices. Of which construction of buildings increased by 6.2% and construction of civil engineering structures – by 9.6%.

If compared to the corresponding period of the previous year, the most notable growth in construction and repairs was recorded in the construction of office buildings and in the construction of streets and roads – of 60.9% and 21.8%, respectively. Whereas most significant reduction was observed in the construction of bridges and tunnels, as well as construction of main pipelines and cable lines - of 57.1% and 38.1%.

As compared to the nine months of 2011, construction output in the nine months of 2012 rose by 17.8%, according to calendar adjusted data at constant prices.Of which construction of buildings increased by 14.3% and construction of civil engineering structures – by 19.4%.

Construction output and its changes

 

 

Total

(at current prices, mln LVL)

Nine months of 2012 compared to nine months of 2011, % (at constant prices, calendar adjusted)

3rd quarter 2012 compared to

Nine months of 2012

3rd quarter of 2012

2nd quarter of 2012, % (at constant prices, seasonally adjusted)

3rd quarter of 2011, % (at constant prices, calendar adjusted)

Total

715.3

354.5

17.8

-0.8

8.3

    of which:

 

 

 

 

 

Residential buildings

49.0

23.0

10.9

-7.8

4.4

Office buildings

22.8

 8.6

60.7

20.8

60.9

Industrial buildings and warehouses

46.0

18.6

-8.7

-10.3

-27.5

School, university and research buildings

36.5

20.8

7.1

-0.4

5.3

Hospital or institutional care buildings

23.1

10.0

6.6

4.7

-8.5

Highways, streets, roads, airfield runways, railways

192.3

116.2

38.4

-10.9

21.8

Bridges and tunnels

19.2

   5.8

-48.1

-32.5

-57.1

Harbours and dams

    23.0

 11.0

35.4

-12.2

-4.8

Mainpipelines, communication and electricity lines

34.5

19.8

21.8

-11.3

-3.8

Local pipelines and cables

55.3

23.8

-22.3

6.6

-38.1

In the 3rd quarter of 2012, 333 building permits were granted for the construction of new single - dwelling houses with total floor space 76.4 thousand m2 (in 3rd quarter of 2011 – 382 permits and 82.9 thousand m2, respectively), whereas for the construction of new industrial buildings and warehouses with total floor space 54.5 thousand m2 58 permits were issued (in the 3rd quarter of 2011 - 94.6 thousand m2 and 51 permit).

More information on construction output indices and building permits granted for the construction of buildings is available in the CSB database: Construction.

 

Prepared by the Investment and Real Estate Statistics Section
Tel.67366857
Arvīds Uibo