Czech Construction - April 2023. The construction output decreased by 6.4%, year-on-year (y-o-y), in April. In the month-on-month (m-o-m) comparison, it was by 3.4% lower.

The construction output decreased by 6.4%, year-on-year (y-o-y), in April. In the month-on-month (m-o-m) comparison, it was by 3.4% lower. The planning and building control authorities granted by 10.9% less building permits, y-o-y. The approximate value of permitted constructions increased by 14.1%, y-o-y. The number of started dwellings decreased by 24.6%, y-o-y. The number of completed dwellings increased by 40.6%, y-o-y.

Construction output decreased by 3.4%, month-on-month. “In April, construction output accelerated its year-on-year decrease and was by 6.4% lower. Both segments contributed to the decrease,” Radek Matějka, Director of the Agricultural and Forestry, Industrial, Construction, and Energy Statistics Department of the Czech Statistical Office (CZSO), says.The building construction output was by 5.3% lower. The civil engineering output dropped by 9.4%, year-on-year.

The planning and building control authorities granted 6 387 building permits; it was by 10.9% less, y-o-y. The approximate value of the permitted constructions reached CZK 53.9 billion and it increased by 14.1%, year-on-year.

The number of dwellings started decreased by 24.6%, y-o-y, and reached the number of 2 685 dwellings. The number of dwellings completed increased by 40.6%, y-o-y, and amounted to 4 264 dwellings.

The average registered number of employees in construction decreased by 1.5%, y-o-y. Their average gross monthly nominal wage increased by 7.8%, y-o-y.

According to Eurostat, construction output in the EU27 in March 2023 decreased by 1.2%, year-on-year. Building construction decreased by 1.2% and civil engineering decreased by 1.8%. “Construction output in the EU27 was basically stagnating in the Q1. The Czech Republic is slightly under the average of the EU with its performance, like Germany. On the other hand, Poland, Slovakia, and Austria have their output higher in the year-on-year comparison,” Petra Cuřínová, Head of the Construction Statistics Unit of the CZSO, says. According to a preliminary release calendar, Eurostat will release data for April 2023 on 20 June 2023.

________________
Notes:
The year-on-year development of construction output (production) has been adjusted for the influence of the number of working days. Month-on-month rates have also been seasonally adjusted.
Data have been revised in accordance with the CZSO Data Revision Policy.
Methodology: https://www.czso.cz/csu/czso/sta_m
Responsible head at the CZSO: Radek Matějka, Director of the Agricultural and Forestry, Industrial, Construction, and Energy Statistics Department, phone number: (+420) 736 168 543, e-mail: radek.matejka@czso.cz
Contact person:Petra Cuřínová, Head of the Construction Statistics Unit, phone number: (+420) 737 280 494, e- mail: petra.curinova@czso.cz
Method of data acquisition:direct surveys of the CZSO (Stav 1–12 and Stav 2–12)
End of data collection:31 May 2023
Related outputs:https://www.czso.cz/csu/czso/sta_ts
https://www.czso.cz/csu/czso/bvz_ts
international comparison in EU countries: Eurostat
Next News Release will be published on:7 July 2023

Attachments

asta060623.docx
Annexes:
Table 1 Construction production indices, building permits granted, and housing construction (year-on-year indices for the month)
Chart 1 Construction production indices (year-on-year indices for the month)
Chart 2 Construction production indices (base indices)
Chart 3 Construction production indices, international comparison (base indices)

Archive:

Show allHide

Published: 06.06.2023
The data are valid as of the release date of the publication.

Contact: Information Services Unit - Headquarters, tel.: +420 274 056 789, email: infoservis@czso.cz

Was this article: 10 | 8 | 6 | 4 | 2 | 0

X

Zobrazit sloupec

Moner | ISIN database | Weather forecast

EUR		BTC		Zlato		ČEZ
USD		DJI		Ropa		Erste

Favorite: Prague Stock Exchange Czech crown Czech economy Commodities Gold Calculators Prague Weather

CZ

Kurzy.cz > Markets > Macro economy > Macroeconomics news

Wednesday, December 18, 2024 2:18:05 p.m.

Czech Construction - April 2023. The construction output decreased by 6.4%, year-on-year (y-o-y), in April. In the month-on-month (m-o-m) comparison, it was by 3.4% lower.

Attachments

Annexes: