Building activity soars 35.4 pct in July mostly reflecting a low base effect

EconomyMacroeconomy Tags: Construction, ELSTAT
Photo by Harry van Versendaal
Photo by Harry van Versendaal

Greek building permits strongly rebounded by 35.4 percent in July, after a drop of 21.7 percent in June, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.

The headline figure for July is the first positive reading since December 2015 and also reflects a low base effect, since building permits had tumbled 31.6 percent in July 2015 in the wake of capital controls.

You need a subscription to access our analysis. Please choose one of the packages available.

If you are already registered, please sign in.

Full Access

A tailor-made service for professionals

Apart from having access to all our analysis and data, subscribers will be able to consult one-on-one with our analysts.

Free Access

Read some of our analysis for no charge

By signing up to MacroPolis, readers will be able to read two of our articles without charge each month. They will not have access to our data or weekly e-newsletter.

Standard Access

Our analysis and data at your fingertips

Subscribers will be able to read the full range of our articles, access our statistics and charts, and receive our weekly e-newsletter for €450 per year.