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Approved construction permits fall 2.2% in February on weak residential demand
April 17, 2026
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Posted 4 hours ago by
By Heather Caitlin P. Mañago, Researcher APPROVED building permits inched down 2.2 year on year in February, as high material costs and weaker residential demand weighed on construction activity. Preliminary data from the Philippine Statistics Authority (PSA) showed building projects covered by the permits numbered 14,996 in February from 15,341 a year earlier.
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Coverage and analysis from Philippines. All insights are generated by our AI narrative analysis engine.
Philippines
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