Bosnia's Federation building permits down 13.6% y/y in March

The number of permits issued for residential and non-residential buildings went down 3.8% on an annual comparison basis to 229 in March, the statistical office said in a monthly report on Thursday. The permits for civil engineering projects declined 43% on the year to 45 ones last month.

Out of the total number of permits issued in March, 244 covered new construction projects, 18 were related to upgrades and extensions, while the remainder covered works for reconstruction and conversion of buildings and spaces.

Based on the number of permits issued in March, planned dwellings numbered 296, down 36.2% year-on-year.

The Federation is one of two autonomous entities that form Bosnia and Herzegovina. The other one is the Serb Republic.