October 28 (SeeNews) - Serbia's July construction output, measured by the estimated value of completed projects, grew by 24.9% year-on-year, data from the country's statistics office showed.
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):
|TOTAL ESTIMATED VALUE
|BUILDINGS, ESTIMATED VALUE
|OTHERS, ESTIMATED VALUE
NOTE: "Others" includes infrastructure projects like railroads, roads, bridges, motorways, airport runways, pools.