sector in trouble throughout 2016 Wednesday, September 7, 2016 Construction shows some signs of recovery after dismal start of yearThe construcion sector is showing some modest signs of life after months of plunging figures across the board. Sales of construction goods to the private sector grew 12.8 percent in August as compared to July, according to the private Construya index. The AFCP Portland Cement Manufacturers Association also reported that supplies to the domestic market rose in August 6.8 percent on an inter-annual basis — the first increase after seven straight months of contractions. Once seasonal factors are discounted, volumes dispatched in last August showed a 6.48 percent decline as compared to July. In the first eight months of the year the Construya Index showed a cumulated decline of 13.6 percent versus the same period of 2015.
Source: Bueno Aires Herald September 07, 2016 16:41 UTC