Press Release

Construction in Latvia in the 1st quarter of 2009

Compared to the first three months of 2008 construction in Latvia in 1st quarter of 2009 decreased by 29.8% (working day adjusted data at constant prices), according to the data of Central Statistical Bureau. Of which construction of buildings reduced by 42.7%. But construction of civil engineering structures grew by 7.5%.

Construction and repair of administrative buildings diminished by 35.7%, of motorways and streets – by 47.2%, of industrial buildings and warehouses – by 59.0%, of residential buildings - by 64.6%. But volume of constructed main pipelines, communication and power lines by 76.6%, sports buildings increased by 45.1%, of local cables and pipelines – by 15.5%, of wholesale and retail trade buildings - by 12.1%.

Compared to the 4th quarter of 2008 volume of construction decreased by 8.3% (seasonally adjusted data at constant prices). Of which construction of buildings reduced by 8.5% and volume of civil engineering structures constructed – by 1.2%.

Changes of construction production in 1st quarter of 2009

Total (current prices, mln lats)

As % (at constant prices) of 1st quarter 2008

Non-adjusted

Working-day adjusted

Total

203.5

-29.7

-29.8

Of which:

 

 

 

Residential buildings

23.6

-64.5

-64.6

Hotels and similar buildings

3.3

-57.1

-54.7

Office buildings

24.3

-46.0

-35.7

Wholesale and retail trade buildings

13.2

11.7

12.1

Production buildings and warehouses

14.7

-59.0

-59.0

Buildings for sports events

6.3

46.6

45.1

Schools, universities and research institutions

9.6

-14.8

-16.6

Health care and social care buildings

4.1

-19.4

-14.7

Motorways, streets, roads, airfields, runways, railway lines

11.4

-46.5

-47.2

Bridges and tunnels

11.0

-11.9

-11.5

Ports and dams

3.0

-56.5

-58.9

Pipelines, communication and power lines

28.1

76.9

76.6

Local pipelines and cable lines

13.7

16.5

15.5

More information on seasonally adjusted, working-day adjusted and non-adjusted indices of construction is available in data base on Web Page of CSB

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

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