Serbian construction permits down by 6.1 pct y-o-y in March

BELGRADE – A total 2,576 construction permits were issued in Serbia in March 2023, which was a 6.1 pct decline relative to the same month of 2022.

According to figures released by the national statistical office RZS, 80.7 pct of the total permits were issued for buildings, while other structures made up the remaining 19.3 pct.

The highest construction activity is expected in the Belgrade district - 30.9 pct of the planned value of new structures - and the South Backa and the Nisava districts follow with 12.1 pct and 7.2 pct, respectively.