Building activity plummets 31.5 pct in May

EconomyMacroeconomy Tags: Construction, ELSTAT

Greek building permits dropped for the fifth successive month at a notably accelerating pace by 31.5 percent in May, following a 5.3 percent decline in April, Hellenic Statistical Authority (ELSTAT) data displayed on Friday.

The May headline figure is the lowest negative reading since July 2015.

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