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):
|
|
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.