Spain | Permits in May 2015: adjustment in line with expectations
Published on Thursday, July 30, 2015 | Updated on Monday, November 30, 2015
Spain | Permits in May 2015: adjustment in line with expectations
Summary
In May, 3956 permits were signed, representing an adjustment of 9.2% from the previous month. As expected, the data offsets part of the the positive surprise in the previous month.Thus, the first five month´s balance shows an increase of permits around 28% YoY. The refurbishment increased.
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Authors
Félix Lores
BBVA Research - Principal Economist