Building activity up by 10.2 pct in Feb for biggest rise since Nov 2013

EconomyMacroeconomy Tags: Construction, ELSTAT

Greek building permits rebounded by 10.2 percent in February after a 7.1 percent drop in January, according to the Hellenic Statistical Authority (ELSTAT).

Apartment prices, which are indirectly related to building activity, decreased by 7.5 percent in 2014, after falling by 10.9 percent in 2013 and 11.7 percent in 2012. According to the official forecasts incorporated in the ECB’s comprehensive assessment...

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