Building activity falls by 11.5 pct in March for third straight decline

EconomyMacroeconomy Tags: Construction, ELSTAT
Photo by MacroPolis
Photo by MacroPolis

Greek building permits decreased by 11.5 percent in March at a slightly slower pace compared to the drop of 12.2 percent recorded in February, Hellenic Statistical Authority (ELSTAT) figures showed on Monday.

It is worth noting that building surface and volume posted a much sharper fall of 27.1 and 32.4 percent respectively. 

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