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Construction keeps downward trend
Construction: building permits and completed buildings
Construction keeps downward trend - 4th Quarter 2012
15 March 2013

Summary
In 2012 the number of building permits recorded an annual average reduction of 17.0% and the number of completed buildings declined 4.9%,
In the 4th quarter 2012 the number of building permits reached 4.700 buildings and the number of completed buildings settled at 6.800. All the observed variables registered the lowest quarterly figures since the 1st quarter of 2001.
Vis-à-vis the previous quarter, the number of building permits declined by 8.8% while completed buildings increased by 4.9%.

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