Approved construction projects down 9% in June
By Janine Alexis Miguel | The Manila Times | September 13, 2024
THE number and value of construction projects in the Philippines from approved building permits declined in June, the Philippine Statistics Authority (PSA) said in a report on Thursday.
Construction projects totaled 13,170 — down by 9-percent drop from 14,477 projects in the same month last year. In a monthly comparison, it was also lower by 7.6 percent from 14,258 building permits recorded in May.
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