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Building permit approvals inch up in May

18 July 2025
in Business
Reading Time: 2 mins read
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Building permit approvals inch up in May
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APPROVED building permits picked up 1.1% year on year in May due to the modest growth in residential construction projects, the Philippine Statistics Authority said in a report.

Preliminary data showed building projects covered by the permits numbered 16,282 in May from 16,105 a year earlier.

This was slightly higher than the 0.6% growth in May 2024 and the revised 8.2% decline in April.

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