Compared with March 2020, wages in this industry have increased by 5.9%
According to data from the National Bureau of Statistics (INE), construction industry production in March fell 1.6% year-on-year, but wages in this industry increased 5.9% compared to March 2020.
The index released today is due to a decrease of 3.1% in the construction sector (-4.8% in February) and a 0.5% increase in the civil engineering sector (2.2 percentage points higher than in February).
The construction production index in March contracted 1.6% year-on-year, two percentage points higher than in February.
In terms of changes from the previous month, the total output value of the construction industry increased by 0.7% in March, the total output value of the civil engineering industry increased by 0.3%, and the total output value of the civil engineering industry increased by 1.4%.
On the other hand, the National Bureau of Statistics’ monthly survey of construction companies and real estate promotion activities generated employment and salary indices in the construction industry increased by 0.7% and 5.9% year-on-year in March, while -0.4 and 0.3 were respectively in the previous month. 0.1%.
Compared with February, the employment and salary index increased by 0.9% and 4%, respectively, while the same period in 2020 fell by 0.3% and 1.7%.
The INE index is based on a monthly survey of national companies focused on the construction industry, collecting information on hours worked in civil engineering and housing construction.