Construction Sector Reports 7.2% Growth in Q1 2026
The construction sector experienced a significant increase in the first quarter of 2026, with a growth rate of 7.2 percent, according to data released by the State Statistics Institute. This positive trend underscores the sector’s importance to the domestic economy. Deputy Prime Minister and Minister of Transport Aleksandar Nikoloski highlighted the figures as a strong indicator of ongoing construction activity across the country.
“These results represent a strong indicator of continued construction activity throughout the country, as well as the successful implementation of capital investments of a club significance for economic development,” Nikoloski stated on Facebook. Notably, the growth was particularly pronounced in the low-rise building segment, registering over 20 index points. This surge presents potential investment opportunities related to the construction of apartment buildings.
Nikoloski emphasized the broader economic implications, stating that the construction sector remains a key driver of the national economy. The reported growth reflects continued capital investment and sustained activity within the sector. Further analysis will be conducted to understand the specific factors contributing to this positive performance.
Topics: #construction #nikoloski #economy
“It’s encouraging to see the construction industry driving economic growth, as highlighted by this report.”