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Construction - August 2024

Publication Date: 07. 10. 2024

Product Code: 200035-24

The construction output increased by 0.4%, year-on-year (y-o-y), in August. In the month-on-month (m-o-m) comparison, it was by 1.6% lower. The approximate value of permitted constructions decreased by 1.2%. The number of started dwellings decreased by 11.3%, year-on-year. The number of completed dwellings decreased by 19.9%, y-o-y.

Construction output was by 1.6% lower, month-on-month, in August; in the year-on-year comparison, it increased by 0.4%. “In August, construction output was stagnating, year-on-year. More successful was the civil engineering construction, the production of which increased by 5.3%. The production in building construction decreased by 2.3%, y-o-y,” Petra Cuřínová, Head of the Construction Statistics Unit of the Czech Statistical Office (CZSO), says.

The approximate value of constructions for which a building permit was granted in August reached CZK 49.5 billion and in the year-on-year comparison it decreased by 1.2%.

Construction of 2 753 dwellings started in August. The number decreased by 11.3%, year-on-year. The number of completed dwellings amounted to 2 238, which was a year-on-year decrease by 19.9%.

According to Eurostat, construction output in the EU27 in July 2024 decreased by 2.4%, y-o-y. According to a preliminary release calendar, Eurostat will release data for August 2024 on 18 October 2024.

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.
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.czMethod of data acquisition: direct surveys of the CZSO (Stav 1–12 and Stav 2–12)
End of data collection: 1 October 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: 6 November 2024

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