Construction - August 2015

In August 2015 the construction output increased by 4.7%, year-on-year (y-o-y), in real terms. The planning and building control authorities granted by 1.6% less building permits, y-o-y, and the approximate value of permitted constructions increased by 14.3%, y-o-y. The number of started dwellings jumped up by 31.9%, y-o-y, and the number of completed dwellings dropped by 12.3%, y-o-y.
 

In August 2015 the construction output increased by 4.7%, y-o-y, in real terms. The seasonally adjusted construction output in August 2015 was by 3.6% lower, compared month-on-month. The production in building construction decreased by 2.0% (contribution
-1.3 percentage point (p.p.)), y-o-y. The production of civil engineering construction recorded a considerable growth by 18.3% (contribution +6.0 p.p.), y-o-y. Compared to the same period of 2008, the year of boom, the construction output in the period from this year beginning to the end of August 2015 was by 16.5% lower.
 

The average registered number of employees^*), in construction enterprises with 50+ employees fell by 2.9%, y-o-y, in August 2015. Their average gross monthly nominal wage increased by 6.8%, compared year-on-year, and reached CZK 30 258.
 

In August 2015 the number of building permits granted decreased by 1.6%, y-o-y; the planning and building control authorities granted 7 069 building permits. The approximate value of the permitted constructions attained CZK 25.7 billion and grew by 14.3% compared to the same period of 2014.
 

The number of dwellings started in August 2015 jumped up by 31.9%, y-o-y, and attained 2 416 dwellings. The number of dwellings started in family houses increased by 4.0% and that of dwellings started in multi-dwelling buildings soared by 96.2%.
 

The number of completed dwellings decreased by 12.3%, y-o-y, in August 2015 and was 2 091 dwellings. The number of completed dwellings in family houses fell by 0.6%. The number of completed dwellings in multi-dwelling buildings plummeted by 54.3%.
 

According to Eurostat the WDA (working days adjusted) construction output in the EU28 increased by 2.3%, y-o-y, in July 2015. Buildings increased by 1.6% and civil engineering works grew by 6.6%. According to the preliminary schedule Eurostat shall release the data for August 2015 on 19 October 2015 (at 11:00 a.m.).

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Notes:

*) The registered number of employees indicator does not include persons working under various contracts for work, working owners of enterprises and cooperating household members, who do not have contracts of employment. Data on the registered number of employees in construction also exclude agency workers, who have contracts of employment, yet within activities of services (CZ-NACE 78.2).
 

Responsible head at the CZSO: Radek Matějka, phone: (+420) 274052894, e-mail: radek.matejka@csu.gov.cz
Contact person: Petra Cuřínová, phone: (+420) 274054199, e- mail: petra.curinova@csu.gov.cz
Method of data acquisition: the CZSO direct surveys of Stav 1-12 and Stav 2-12
End of data collection: 2 October 2015
Following outcomes: https://csu.gov.cz/produkty/sta_ts https://csu.gov.cz/produkty/bvz_ts
Next News Release will be published on: 6 November 2015