Construction output in July was 77.7% higher than a month earlier, the statistics office said in a statement.
A total of 694 construction permits were issued in July, down 23.1% from a year earlier.
In June, the country's construction output was down 35.5% on the year and 9.0% lower on the month. A total of 771 construction permits were issued in June, 14.6% down from a year earlier.
Details on the value of Serbia's July construction output and the number of issued permits follow (pct change):
Y/Y | M/M | |
TOTAL ESTIMATED VALUE | +24.9 | +77.7 |
TOTAL PERMITS | -23.1 | -10.1 |
BUILDINGS, ESTIMATED VALUE | -12.5 | +27.3 |
BUILDINGS, PERMITS | -26.3 | -15.3 |
OTHERS, ESTIMATED VALUE | +223.6 | +310.2 |
OTHERS, PERMITS | -7.7 | +17.1 |
NOTE: "Others" includes infrastructure projects like railroads, roads, bridges, motorways, airport runways, pools.