Construction, with slow reactivation in November

In the fall of 2021, the recovery of the construction industry will be increased by increasing the cost of materials and the public-private investment, as the main reasons. The Instituto Nacional de Estadística y Geografía (Inegi) informs that, with figures de-stationed, the production value of the business created in November is 0.1%, with relation to my preview (in October a period of 2.2% in monthly comparison is presented) and 9.4% respect for the same month of 2020.

In the month before, total occupancy increased by 0.6% and surcharges increased by 0.3%. Without embargo, the working hours will be reduced by 0.5% on a monthly basis. In annual comparison, 5, 5.5 and 4% offenses are recorded, respectively, in agreement with the National Inquiry into Construction Companies (ENEC).

Regarding the figures reported this month, the BASE Finance Group reported that, from November to November, the value of production has dropped by 8.3%. Nonetheless, to perform a comparison with respect to its level before pandemic (February 2020) the indicator shows a response to position the 10.14% by dicho level.

“The failure of public investment in entities was not to be taken into account the government’s insignia, the case in private investment and inflationary pressures, which are reflected in the details of the materials for construction, some of which the factors that slowed down the recovery of the sector ”, it was explained.

During November, the works related to edification (mainly livelihoods and industrial, commercial and service editions), which represent 40.6% of all production value, tuvieron, ligeramente, a better behavior, to increase 0.3%, a value of 0.5 per cent.

Thus, the transport works, with a presence of 26.9% in the ENEC, created 0.2%, came from a monthly rate of 7.2 per cent.

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Reference-www.eleconomista.com.mx

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