Construction - August 2023

In August 2023, the construction output decreased by 0.2%, year-on-year (y-o-y). In the month-on-month (m-o-m) comparison, it was by 2.0% higher. The planning and building control authorities granted by 8.4% less building permits, y-o-y. The approximate value of permitted constructions increased by 31.0%, y-o-y. The number of started dwellings decreased by 23.1%, y-o-y, and the number of completed dwellings decreased by 21.8%, y-o-y.

Construction output increased by 2.0%, month-on-month. In the year-on-year comparison, it decreased by 0.2%. “In August, construction output was stagnating, y-o-y. Building construction, the production of which increased by 0.6%, was more successful. Civil engineering construction decreased by 2.0%, y-o-y,” Radek Matějka, Director of the Agricultural and Forestry, Industrial, Construction, and Energy Statistics Department of the Czech Statistical Office (CZSO), says.

The planning and building control authorities granted 6 801 building permits; it was by 8.4% less, y-o-y. The approximate value of permitted constructions reached CZK 50.1 billion and it increased by 31.0%, year-on-year. “In August, the approximate value of permitted constructions increased almost by a third, which was influenced by granting a building permit to nine constructions with budgets of over one billion of CZK. After having them deducted, the approximate value would only increase by 2%”, Petra Cuřínová, Head of the Construction Statistics Unit of the CZSO, explains.

The number of started dwellings decreased by 23.1%, y-o-y, and amounted to 3 102 dwellings. The number of completed dwellings decreased by 21.8%, y-o-y, and amounted to 2 792 dwellings.   

The average registered number of employees in construction enterprises with 50+ employees increased by 0.6%, y-o-y. The average gross monthly nominal wage of those employees increased by 9.7%, y-o-y.

According to data of Eurostat, construction output in the EU27 in July 2023 increased by 0.9%, year-on-year. Buildings increased by 0.6% and civil engineering works grew by 2.8%. According to a preliminary release calendar, Eurostat will release data for August 2023 on 18 October 2023.

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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.
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: 3 October 2023
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: 6 November 2023