Construction activity moved downward in May 2022.
According to the Hellenic Statistical Authority-ELSTAT, the Total Building Activity (private-public) in Greece, in May 2022 which is calculated on the basis of the number of issued building permits, amounted to 2,220. This figure corresponds to 459,866 m2 of surface and 2,206,868 m3 of volume, reflecting, respectively, a 0.4% decrease in the number of building permits, a 23.2% decrease in surface and 8.8% decrease in volume, compared with the corresponding month of 2021.
The building permits for the Private Building Activity issued in Greece in May 2022 amounted to 2,197. This figure corresponds to 426,732 m2 of surface and 2,033,480 m3 of volume. In comparison with the same month of 2021 there is a 0.6% decrease in the number of building permits, a 28.3% decrease in surface and a 15.5% decrease in volume.
The building permits for the Public Building Activity issued in Greece in May 2022 amounted to 23. This figure corresponds to 33,134 m2 of surface and 173,388 m3 of volume. Public Building Activity accounted for a 7.9% of the total building volume in May 2022.
The last 12 months
In the last twelve months, from June 2021 until May 2022, Total Building Activity (private-public) in Greece, calculated on the basis of the number of issued building permits, amounted to 24,055. This figure corresponds to 5,864,306 m2 of surface and 25,775,907 m3 of volume. In comparison with the corresponding period from June 2020 until May 2021, there is a 10.8% increase in the number of building permits, a 17.4% increase in surface and a 23.0% increase in volume.
In the same period, from June 2021 until May 2022, Private Building Activity in Greece recorded an 11.0% increase in the number of issued building permits, an 18.5% increase in surface and a 25.2% increase in volume, compared with the corresponding period from June 2020 to May 2021 (Table 4). During the same period, Public Building Activity accounted for an 1.6% of the total building volume.
During the period January – May 2022, Total Building Activity (private-public) in Greece recorded a 0.9% increase in the number of issued building permits, an 8.6% decrease in surface and an 1.6% increase in volume, compared with the corresponding period of 2021 (Table 5). During the same period, January – May 2022, Private Building Activity in Greece recorded an 1.0% increase in the number of issued building permits, an 8.7% decrease in surface and a 3.0% increase in volume, in comparison with the period of January – May 2021.
Latest News
Athens Int’l Airport Wins Top Prize at Routes Europe Awards
The Routes business is focused entirely on aviation route development and the company's portfolio includes events, media and online businesses
IOBE: Income Gap Between Poor and Wealthy Greeks Widens
The findings in the analysis, entitled “Progressivity in Income Taxation in Greece, 2012-2021", paint a bleak picture for Greeks in the bottom half of the income bracket, warning that income inequality is growing
Study Finds 4 in 10 Greeks to Slash Easter Spending
This year, hit by persistent inflation, many Greeks will be dishing out less on food, drink and gifts for Orthodox Easter on May 5
ELSTAT: Overnight Stays in Greece Up in Feb.
The provisional monthly data revealed that arrivals at tourist accommodations amounted to 773,104 and overnight stays were 1,677,685
Electric Energy: Greece’s New Sustainable Export
Moreover, a surplus of generated electricity cannot be fully absorbed by domestic grids and this excess power finds eager buyers in the form of companies entering into Power Purchase Agreements (PPAs), willing to pay a premium for clean energy
IOBE Revises Greek GDP Growth Downward, to 2.1% For 2024
Annual inflation is expected to reach 3%, up from the previous forecast of 2.8%
Last Sections of 136km E65 Highway Inaugurated on Tues.
Athens to Karditsa drive time is expected to drop to two and a half hours (under normal conditions), and some three hours from Athens to Trikala
Reuters: Greece to Repay More Bailout Loans Ahead of Maturity in 2023
The country has relied solely on international markets for its borrowing needs since a third institutional bailout ended in 2018
Ag Min. Avgenakis: Greece-China Cooperation in Research, Education in Agri-Food Sector
Greek minister tours cutting-edge hydroponics and robotics facilities at the Chinese Academy of Agricultural Sciences in Beijing
Mini Holiday Season in Greece for Upcoming Orthodox Easter
Occupancy rates reach up to 90% domestically for accommodations open ahead of peak summer season