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Building permit approvals decline in June

By Inquirer - 6 days ago
Approved building permit applications declined further, primarily due to rising construction costs, the Philippine Statistics Authority (PSA) said on Thursday. Preliminary data from the PSA showed building projects covered by the permits fell by 9 percent year-on-year to 13,170 in June, higher compared to the 5 percent shortfall last year. This was equivalent to 2.66

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