**SEO Tags:** Building permit approvals Bangko Sentral rate cuts building permits floor area Calabarzon construction permits construction costs in the Philippines construction industry decline Featured high interest rates impact construction housing backlog Philippines June 2024 building permits Michael Ricafort economic analysis nonresidential building permits Philippine construction permits Philippine Statistics Authority building data residential building permits rising construction costs
- September 15, 2024
- Junnel G
Building permit approvals dropped by 9% in June, primarily due to increasing construction costs, according to the Philippine Statistics Authority (PSA). The PSA reported that the
