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Serbia's August Construction Output Drops 14.3% Y/Y - Table

Nov 19, 2009, 3:11:45 PMArticle by Yordan Todorov
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November 19 (SeeNews) - Serbia's August construction output, measured by the estimated value of completed projects, fell by 14.3% year-on-year, data from the country's statistics office showed.

Serbia's August Construction Output Drops 14.3% Y/Y - Table

Construction output in August was 14% lower than a month earlier, the statistics office said in a statement.

A total of 771 construction permits were issued in August, down 12.1% from a year earlier.

In July, the country's construction output was up 24.9% on the year and 77.7% higher on the month. A total of 694 construction permits were issued in July, 23.1% down from a year earlier.

Details on the value of Serbia's August construction output and the number of issued permits follow (pct change):

Y/Y M/M
TOTAL ESTIMATED VALUE -14.3 -14.0
TOTAL PERMITS -12.1 +10.9
BUILDINGS, ESTIMATED VALUE +6.2 +31.9
BUILDINGS, PERMITS -14.4 +17.2
OTHERS, ESTIMATED VALUE -70.7 -80.8
OTHERS, PERMITS +2.5 -13.2

NOTE: "Others" includes infrastructure projects like railroads, roads, bridges, motorways, airport runways, pools.

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