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Serbia's building permits down 10% y/y in August

Oct 14, 2022, 2:09:16 PMArticle by Senad Dedeic
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October 14 (SeeNews) - The number of building permits issued in Serbia in August went down 9.9% on an annual comparison basis, to 2,562, the country's statistical office said on Friday

Serbia's building permits down 10% y/y in August
Source: Serbia's Statistical Office

The estimated value of the planned projects covered by the issued permits increased by 122% year-on-year in August, the statistical office said in a statement.

A total of 2,370 building permits were issued in July, marking a 4.0% increase on the year

In the first eight months of 2022, the number of issued building permits rose by 9%, compared to the like period of last year.

Details on the percentage changes in the value of construction projects and the number of issued permits follow:

Aug '22 July '22
Total permits -9.9 4.0
Total estimated value 122.0 95.8
Buildings - permits -12.6 0.9
Buildings - estimated value 91.3 63.1
Others - permits 2.3 20.6
Others - estimated value 172.4 162.6

NOTE: "Others" includes infrastructure projects such as railroads, roads, bridges, motorways, airport runway

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