Construction output in August was 15.7% higher than a month earlier, the office said in a statement.
A total of 869 construction permits were issued in August, down 12.8% from a year earlier.
In July, the country's construction output was down by an annual 29.7% and was 8.2% lower on the month. A total of 895 construction permits were issued in July, 13.7% down from a year earlier.
Value of Serbia's August construction output, number of permits (pct change):
Y/Y | M/M | |
TOTAL ESTIMATED VALUE | +11.1 | +15.7 |
TOTAL PERMITS | -12.8 | -3.1 |
BUILDINGS, ESTIMATED VALUE | +7.3 | -3.2 |
BUILDINGS, PERMITS | -4.4 | +0.8 |
OTHERS, ESTIMATED VALUE | +21.0 | +112.8 |
OTHERS, PERMITS | -43.5 | -21.8 |
NOTE: "Others" includes infrastructure projects like railroads, roads, bridges, motorways, airport runways, pools.