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Serbia's building permits fall 11% y/y in March

May 15, 2024, 1:20:43 PMArticle by Djordje Jajcanin
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May 15 (SeeNews) - The number of building permits issued in Serbia in March decreased by 11% year-on-year, reaching 2,293, the statistical office said on Wednesday.

Serbia's building permits fall 11% y/y in March
Source: unsplash.com

The total estimated value of the planned projects covered by the issued permits increased by 36% year-on-year in March, the statistical office said in a statement.

In February, the number of permits increased by 0.6% year-on-year, to 1,797, while the estimated value of the projects decreased by 21%.

In 2023, the number of building permits issued in Serbia rose by 6.4%.

Following are percentage changes in the number of issued permits for construction projects and their value:

Mar '24 Feb '24
Total permits -11.0 0.6
Total estimated value 36.0 -21.0
Buildings - permits -11.0 5.1
Buildings - estimated value 44.0 -29.3
Others - permits -11.1 -14.4
Others - estimated value 19.6 4.4

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