Romania Nov Residential Building Permits -10.4% MM, -12.4% YY

Romania issued 3,035 buildings permits for residential projects in November, down 10.4% compared with the previous month, and 12.4% lower on the year, the statistics institute INS said Tuesday.

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Nearly 65.9% of the building permits issued in November were for residential projects in the rural area, namely 2,001 permits.

In the first eleven months of the year, Romania issued 39,257 buildings permits for residential projects, down 13.4% compared with the similar period a year earlier, INS also said.

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