Construction sector reports an increase of 1.9% according to INEGI
Grupo En Concreto | January 23, 2024 |

In November 2023 and with seasonally adjusted data, the production value generated by construction companies increased in real terms by 1.9%, this is one of the results of the National Survey of Construction Companies.

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The survey prepared by the National Institute of Statistics and Geography (INEGI) detailed that hours worked increased 1.1%, and real average salaries, 0.3%, compared to last October. The total employed personnel did not present monthly variation.

At an annual rate and with seasonally adjusted figures, the real production value of construction companies grew 36%; total employed personnel, 2.2%; hours worked, 9.4% and real average remunerations, 4.1%, in November 2023.

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At a monthly rate, in November 2023, hours worked in construction companies increased 1.1 percent. According to the category of employed persons, the hours worked by personnel not dependent on the company name grew by 4%, and those corresponding to dependent personnel, by one percent.

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