Building activity up by 36.2 pct in Nov as rebound continues

EconomyMacroeconomy Tags: Construction, ELSTAT

Greek building activity (as measured by the number of building permits) soared 36.2 percent year-on-year (yoy) in November posting a positive growth for the second straight month, according to the Hellenic Statistical Authority (ELSTAT).

The respective surface and volume numbers surged 62.8 and 89 percent respectively. The jump in November also reflects a low base effect.

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