Construction production in the Czech Republic slowed down the year-on-year decline last November. It decreased by 8.4 percent, in October it was 10.5 percent. Building construction, which includes the construction of flats, offices or warehouses, fell by 11.6 percent compared to the same month of the previous year. Civil engineering, especially transport construction, fell by 1.3 percent. Month-on-month, construction output was 0.9 percent higher after seasonal effects. This follows from data published today by the Czech Statistical Office (CSO).
“The situation in the construction industry improved slightly in November. Production is still in a year-on-year decline, but compared to October, it recorded a month-on-month increase,” said Petra Cuřínová, head of the CZSO construction and housing construction statistics department. She added that the driving force is still civil engineering, which is based on the segment of large companies. In November, building authorities caught up with the shortfall from previous months, the number and volume of permits was growing, as was housing construction.
Building permits were issued by authorities in November 7,262, up 3.7 percent year-on-year. The approximate value of these constructions reached 36.9 billion crowns and in comparison with the same period of 2019 it increased by 22.9 percent.
In November, construction began on 2,792 dwellings, which was seven percent more year-on-year. In particular, construction in apartment buildings increased by 84 percent, while construction in apartment buildings decreased by nine percent. Builders completed 3,771 dwellings in November, up 7.5 percent year on year. The number of completed dwellings in apartment buildings increased by a third, while the number of dwellings in family houses decreased slightly.
The average registered number of employees in construction fell by 1.9 percent year on year last November. Their average gross monthly wage increased by 6.6 percent compared to November 2019.
Data on the year-on-year development of construction output are reported by statisticians after adjusting for the effect of the number of working days.
