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Building permits fell 7.5% in August — PSA

By Inquirer - 4 weeks ago
The issuance of building permits fell by 7.5 percent in August from the past year, largely due to high interest rates as well as costly overhead and construction materials, the Philippine Statistics Authority (PSA) reported. Based on preliminary data from the PSA, building permits fell to 13,436 in August, equivalent to 3.23 million square meters

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