Serbian construction permits down by 22.2 pct y-o-y in October

BELGRADE – A total 2,989 construction permits were issued in Serbia in October 2022, which was a 22.2 pct decline relative to the same month of 2021.

According to figures released by the national statistical office RZS, 84.8 pct of the total permits were issued for buildings, while other structures made up the remaining 15.2 pct.

When it comes to permits for buildings alone, 84.9 pct were issued for residential buildings and 15.1 pct for non-residential buildings, with permits for pipelines and communications and power lines accounting for the majority (76.2 pct) of other structures, the RZS said.