Urban Rehabilitation Increased by 7.1% in December

January 24, 2022 – Ana Custódio

The level of activity in urban rehabilitation remained positive in December 2021.

According to AICCOPN’s Urban Rehabilitation Barometer today, activity in the urban rehabilitation sector remained positive in December 2021.

Based on data collected in a monthly survey conducted by AICCOPN, executives in the sector foresee a slowdown in the index’s growth rate, with the respective index indicating a year-on-year increase of 7.1%. Although lower than the 16.5% reported in November, the figure remained positive.

The Backlog Index, which measures executives’ views on the evolution of work in hand, rose by 18.3% year-on-year, similar to that of the previous month.

Finally, contracted production, an indicator that aims to estimate the time ensured for working at a normal rate of production, reached ten months in December, an increase on the 8.8 months reported in November.

Translation: Richard D K Turner