According to data from AICCOPN, based on indicators from the National Institute of Statistics (INE), the area licensed for housing grew by 16.1% until November, contrasting with a 26.6% drop in the non-residential segment.

This dynamism was accompanied by a 4.1% increase in the gross value of construction, a sector that proved fundamental for the execution of European funds, namely through investments from the Recovery and Resilience Plan (PRR).

The public works sector also registered a historic increase, with the volume of public works tenders rising by 21%, reaching €10,041 million, while contracts awarded grew by 48%.

This scenario had a direct impact on the labour market, with the employment index in the sector rising by 2.7% and wages accelerating by 8.2% year-on-year.

According to AICCOPN, confidence in the sector is also reflected in cement consumption, which increased to 4,103 thousand tons, and in the stock of credit granted to companies, which grew by 8.6%, reaching €6,854 million at the end of the year.