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High level of construction reserves
Construction companies experienced a sharp decrease in the inflow of new civil engineering works and commercial building in the third quarter of 2012. The strong increase in construction companies’ reserves in the previous quarters flattened out.
The total reserve for the construction industry decreased by 3 per cent during the third quarter of 2012, which corresponds to an 18 per cent increase from the same period a year earlier. A stable inflow of new residential buildings contributes to a moderate decrease in the third quarter.
The inflow of new civil engineering works decreased sharply in the third quarter of 2012. With a record high inflow of new projects in the three previous quarters, the company reserves remain at a high level; 39 per cent higher than at the same time last year.
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