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Q2 construction output up

September 12, 2014

The total gross value of construction works main contractors performed in the second quarter increased 13.6% in nominal terms over a year earlier to $48.6 billion, the Census & Statistics Department announced today.

 

After discounting the effect of price changes, the total gross value rose 5.8% in real terms.

 

The gross value of construction works performed at private-sector sites totalled $12.3 billion, up 1% in nominal terms. In real terms it fell 9.3%.

 

For public-sector sites, the value increased 6.6% in nominal terms to $15.7 billion. In real terms it increased 2.8%.



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