August 17 (SeeNews) - Serbia's June construction output, measured by the estimated value of completed projects, fell by 35.5% year-on-year, data from the country's statistics office showed.
Construction output in June was 9.0% higher than a month earlier, the statistics office said in a statement.
A total of 771 construction permits were issued in June, down 14.6% from a year earlier.
In May, the country's construction output was down 41.5% on the year and 18.7% lower on the month. A total of 789 construction permits were issued in May, 19.2% down from a year earlier.
Details on the value of Serbia's June construction output and the number of issued permits follow (pct change):
|
Y/Y |
M/M |
TOTAL ESTIMATED VALUE |
-35.5 |
+9.0 |
TOTAL PERMITS |
-14.6 |
-2.8 |
BUILDINGS, ESTIMATED VALUE |
-19.6 |
+8.2 |
BUILDINGS, PERMITS |
-8.0 |
-1.7 |
OTHERS, ESTIMATED VALUE |
-65.5 |
-8.2 |
OTHERS, PERMITS |
-38.2 |
-16.8 |
NOTE: "Others" includes infrastructure projects like railroads, roads, bridges, motorways, airport runways, pools.