Building permits jump by 77.8 pct in Feb for second highest rise since pandemic

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

The strong start to the year continued for building permits, with a rise of 77.8 percent year-on-year (YoY), after a 15.1 percent increase in January, according to the data released by the Hellenic Statistical Agency (ELSTAT) on Tuesday.

This is the third largest annual rise in building activity and the second in recent times, only comparable to the recovery from the strict lockdown that was introduced at the start of the pandemic.

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