Construction - June 2004
Builders reported low construction volume again
Publication Date: 10. 08. 2004
Product Code: r-8202-04
According to reported figures, construction output at constant prices decreased by 2.9% or 4.1% (WDA - there was 1 more working day in June 2004) y-o-y.
Further to the April unusually high growth of construction output (change VAT rate for construction work), a decrease in the volume of construction output was reported in May and June. The decrease occurred differentially in the whole structure of construction work as well as in all size groups of construction enterprises. According to CZSO model calculations was the April growth in the May and June corrected.
The number of persons employed in construction enterprises with 20+ employees in May rose by 4.4%. The average monthly wage of employees reached CZK 18 751 and increased by 8.4% y-o-y; real wage decreased by 5.3%. Average hourly wage amounted to CZK 115 and decreased by 2.4%.
Planning and building control authorities granted 14 761 building permits (of which 7 128 for new construction and 7 633 for renewals and enhancements). The approximate value of the constructions permitted in June was CZK 24.4 billion (of which new constructions accounted for CZK 15.7 billion and renewals and enhancements for CZK 8.7 billion).
Planning and building control authorities permitted 4 290 dwellings to be constructed – an increase of 661 year-on-year. New construction should provide 3 407 dwellings (an increase of 416 year-on-year). The number of new dwellings obtained by renewals and enhancements was 883. The approximate value per dwelling was CZK 2.0 million (new construction) or CZK 1.0 million (renewals and enhancements).
Analysis - Construction in the 2nd quarter of 2004
Note
Contact: Josef Vlášek, phone (+420) 241019115, e-mail: josef.vlasek@csu.gov.cz
Data source: CZSO direct survey in enterprises; planning and building control authorities
End of data collection: 5 August 2004Data source: CZSO direct survey in enterprises; planning and building control authorities
End of data processing: 6 August 2004
Related publications: 8201-03 Construction
8202-03 Building Permits Granted
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The data in Table 1 are preliminary and will be updated when data for July 2004 are released.
The data in Table 2 are final.