Construction - June 2022
Construction growth rate slowed down
Publication Date: 08. 08. 2022
Product Code: 200035-22
In June 2022, the construction output increased by 0.8%, year-on-year (y-o-y), in real terms. In the month-on-month (m-o-m) comparison, it was by 0.7% lower. The planning and building control authorities granted by 10.0% less building permits, y-o-y. The approximate value of permitted constructions increased by 14.0%, y-o-y. The number of started dwellings decreased by 31.6%, y-o-y. The number of completed dwellings increased by 4.7%, y-o-y.
“In June, construction output was slightly higher, year-on-year, thanks to building construction. The comparison basis from the last year was rather high, even the second highest growth in 2021 was recorded. A month-on-month decrease is owing to civil engineering construction,” Petra Cuřínová, Head of the Construction Statistics Unit, says.
The construction output was by 0.7% lower, m-o-m, in real terms. In the year-on-year comparison, it increased by 0.8%. Compared to the corresponding month of the previous year, the production in building construction increased by 3.1%. The production of civil engineering construction decreased by 4.2%, y-o-y.
The planning and building control authorities granted 7 411 building permits; it was by 10.0% less, y-o-y. The approximate value of the permitted constructions reached CZK 51.4 billion and compared to the corresponding period of 2021 it increased by 14.0%.
The number of dwellings started decreased by 31.6%, y-o-y, and reached the number of 3 018 dwellings. The number of dwellings completed increased by 4.7%, y-o-y, and amounted to 2 368 dwellings. “The number of dwellings completed was increasing thanks to the category of multi-dwelling buildings. Completing of family houses slowed down also due to an increase of prices of materials and a lack of construction capacities,” Radek Matějka, Director of the Agricultural and Forestry, Industrial, Construction, and Energy Statistics Department, adds.
The average registered number of employees in construction increased by 0.4%, y-o-y. Their average gross monthly nominal wage increased by 8.6%, y-o-y.
According to Eurostat, construction output in the EU27 in May 2022 increased by 3.8%, year-on-year. Buildings increased by 3.9% and civil engineering works by 3.3%. According to a preliminary release calendar, Eurostat will release data for June 2022 on 18 August 2022.
For more detailed information on the development in construction see the Supplementary information to the News Release on Construction.
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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 or quarter-on-quarter 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: 1 August 2022
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 September 2022