ECONOMY

Private building activity dropped…

Construction activity in Greece is showing a continuous steep decline, according to National Statistics Service data released yesterday. In May, private building activity dropped by 16.3 percent in terms of volume, by 15.8 percent in surface area and had fallen by 13.7 percent in the number of permits issued, year on year. The total drop in the first five months of the year reached 13.1 percent in volume.