Finland Times

Friday, 26 April, 2024
Home BUSINESSArea of granted building permits declines by 14%
Print
Fri, 01 Aug, 2014 12:04:21 AM
FTimes Report, August 1
 
Building permits granted and building starts, mil. m3, variable annual sum. Source: Statistics Finland.
Building permits were granted for a total of 3.1 million cubic metres in May 2014, which is 14.2 per cent less than that of a year ago.
 
At the same time, the constant-price value or the volume of ongoing building production decreased by 4.4 per cent in May compared to the corresponding period in the previous year.
 
According to Statistics Finland's preliminary data on building and dwelling production, the cubic volume covered by building permits granted for residential buildings went down by 11 per cent in May.
 
Volume index for newbuilding 2005=100, trend. Source: Statistics Finland.
The cubic volume covered by permits granted for other than residential buildings was 15.6 per cent lower than in May 2013.
 
Volume of residential buildings decreased by 12.6 per cent in May while the volume of other than residential building construction went up by 3.3 per cent compared to corresponding period of the previous year.
 
 
 
comments powered by Disqus
More News

 
   
Copyright © 2024 All rights reserved
Developed By -