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.
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.