Construction - April 2024

The construction output decreased by 0.3%, year-on-year (y-o-y), in April. In the month-on-month (m-o-m) comparison, it was by 3.0% higher. The approximate value of permitted constructions decreased by 16.5%. The number of started dwellings increased by 35.4%, y-o-y. The number of completed dwellings decreased by 8.1%, y-o-y.

Construction output increased by 3.0%, month-on-month. In the year-on-year comparison, it decreased by 0.3%. “In April, construction output slightly decreased, year-on-year, and the y-o-y decrease was moderated by the civil engineering construction, which increased by 3.2%. Production in building construction decreased by 2.0%, year-on-year,” Radek Matějka, Director of the Agricultural and Forestry, Industrial, Construction, and Energy Statistics Department of the Czech Statistical Office (CZSO), says.

The approximate value of constructions for which a building permit was granted in April reached CZK 45.0 billion. “The approximate value of the constructions permitted in April decreased by 16.5% and the decrease took place in the segment of large constructions with the budget over one billion crowns. The approximate value of smaller constructions increased by 9.7%,” Petra Cuřínová, Head of the Construction Statistics Unit of the CZSO, says.

Construction of 3 642 dwellings started in April and the number increased by 35.4% thanks to dwellings in multi-dwelling buildings; the number of dwellings started in family houses decreased, year-on-year. The number of completed dwellings amounted to 3 916 dwellings, which was a year-on-year decrease across categories by 8.1%.

According to Eurostat, construction output in the EU27 in March 2024 decreased by 0.7%, year-on-year. According to a preliminary release calendar, Eurostat will release data for April 2024 on 19 June 2024.

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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.
In compliance with the CZSO’s Data revision policy, a revision of data has been made.
Methodology: https://csu.gov.cz/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@csu.gov.cz
Contact person: Petra Cuřínová, Head of the Construction Statistics Unit, phone number: (+420) 737 280 494, e- mail: petra.curinova@csu.gov.cz
Method of data acquisition: direct surveys of the CZSO (Stav 1–12 and Stav 2–12)
End of data collection: 31 May 2024
Related outputs: https://csu.gov.cz/produkty/sta_ts
https://csu.gov.cz/produkty/bvz_ts
international comparison in EU countries: Eurostat
Next news release will be published on: 8 July 2024