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Tuesday, 16.04.2024, 11:21
The decline in construction sphere in Estonia made its volumes back on the same level as in 2005
Juhan Tere, BC, Tallinn, 16.03.2009.
Print version
Print versionThe Statistical Board: the construction volume index in Estonia fell to 229 points in the fourth quarter of the last year, writes LETA referring on EPL Online.
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This is a level that is comparable to the third quarter of the year 2005.
In the year-on-year comparison, the construction volume in Estonia fell by 19.8%. This is the fourth decline quarter in a row and real estate experts note that the decline is accelerating.
Such a decline in construction volumes occurred last in the year 1999 when the construction volume fell by 19.8% in the year-on-year comparison. During the years 2000-2007, the construction volumes have only moved upwards.
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