Saturday November 23, 2024

Building renovation value drops by 9.1% in Q2

Published : 09 Sep 2024, 13:59

  DF Report
DF File Photo.

The value of building renovation carried out by construction enterprises fell by 9.1 per cent in the second quarter of 2024 compared to one year ago, according to Statistics Finland.

The value has decreased for five quarters in a row.

The value of newbuilding fell by 13.8 per cent in the second quarter of 2024.

In both building renovation and newbuilding, the decline compared to the year before was lesser than in the two previous quarters.