Con­struc­tion show­ing signs of re­cov­ery

Kathimerini English - - Front Page -

Con­struc­tion in Greece showed signs of re­cov­ery in Oc­to­ber as Hel­lenic Sta­tis­ti­cal Au­thor­ity (ELSTAT) data pub­lished yes­ter­day re­vealed an 8.7 per­cent re­bound in the vol­ume of pri­vate build­ing ac­tiv­ity in the coun­try, al­though that was not enough to af­fect the ma­jor de­cline posted in the first 10 months of 2013, which amounted to 29.4 per­cent com­pared with the same pe­riod in 2012. Year-on-year, the month of Oc­to­ber also saw a 4.1 per­cent in­crease in the num­ber of build­ing per­mits is­sued and a 3.6 per­cent rise in the to­tal sur­face area built. In the Jan­uary-Oc­to­ber pe­riod of 2013, how­ever, the num­ber of build­ing per­mits is­sued de­clined by 31.2 per­cent from the same pe­riod in 2012, while the to­tal sur­face area con­tracted by 31.5 per-

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