Construction - May 2022

In May 2022, the construction output increased by 3.3%, year-on-year (y-o-y), in real terms. In the month-on-month (m-o-m) comparison, it was by 0.4% 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 33.1%, y-o-y. The number of started dwellings increased by 24.1%, y-o-y. The number of completed dwellings increased by 3.1%, y-o-y.

“In May, construction output increased, year-on-year, in both the segments with a similar growth rate; in the month-on-month comparison, we have also recorded an increase after two months,” Radek Matějka, Director of the Agricultural and Forestry, Industrial, Construction, and Energy Statistics Department, says. 

The construction output was by 0.4% higher, m-o-m, in real terms. In the year-on-year comparison, it increased by 3.3%. Compared to the corresponding month of the previous year, the production in building construction increased by 3.5%. The production of civil engineering construction increased by 2.8%, y-o-y.

The planning and building control authorities granted 8 035 building permits; it was by 8.4% less, y-o-y. The approximate value of the permitted constructions reached CZK 49.9 billion and compared to the corresponding period of 2021 it increased by 33.1%.

“The number of dwellings started increased by 24.1%, y-o-y, in May and reached the number of 5 309 dwellings. It is the highest number since the year 2006, when the monthly surveys started, and the growth is fully thanks to the multi-dwelling buildings,” Petra Cuřínová, Head of the Construction Statistics Unit, explains. The number of dwellings completed increased by 3.1%, y-o-y, and amounted to 2 882 dwellings.   

The average registered number of employees in construction increased by 0.4%, y-o-y. Their average gross monthly nominal wage increased by 10.8%, y-o-y.

According to Eurostat, construction output in the EU27 in April 2022 increased by 3.0%, year-on-year. Buildings increased by 4.1% and civil engineering works decreased by 0.7%. According to a preliminary release calendar, Eurostat will release data for May 2022 on 19 July 2022.
 

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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: 29 June 2022
Related outputs:
https://csu.gov.cz/produkty/sta_ts
https://www.czso.cz/csu/czso/bvz_ts
international comparison in EU countries: Eurostat
Next News Release will be published on: 8 August 2022