Cement deliveries and construction permits report a yearly decrease of 3.4% and 21.1%,
respectively, in the first half of 2018
In the real estate sector, statistical data on the levels of cement deliveries and construction permits
is an indication of how real estate supply activities adjust to demand trends within the sector.
The coincident indicator of building activity, cement deliveries, recorded a modest annual
decrease of 3.4% in the first half of 2018 reaching 2,307 thousand tons when compared to 2,389
thousand tons in the first half of 2017. As for construction permits, the main indicator of ongoing
real estate supply, it amounted to 5,023 thousand square meters (sqm) in the first half of 2018,
down from 6,370 thousand square meters over the same period in 2017, thereby decreasing by 21.1%.
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