Construction - November 2023
Building construction output decrease deepened
Publication Date: 08. 01. 2024
Product Code: 200035-23
The construction output decreased by 6.5%, year-on-year (y-o-y), in November. In the month-on-month (m-o-m) comparison, it was by 3.8% lower. The planning and building control authorities granted by 11.7% less building permits, y-o-y. The approximate value of permitted constructions increased by 0.2%, y-o-y. The number of started dwellings decreased by 40.7%, y-o-y, the number of completed dwellings decreased by 19.2%, y-o-y.
“Construction output was by 3.8% lower, month-on-month, in November, and in the year-on-year comparison, it decreased by 6.5%. The decrease in production was partially influenced by the weather – the highest average precipitation amount for November since 1961 has been recorded,” Radek Matějka, Director of the Agricultural and Forestry, Industrial, Construction, and Energy Statistics Department of the Czech Statistical Office (CZSO), says. The production in building construction decreased by 7.7% and the production of civil engineering construction dropped by 3.9%, year-on-year.
The planning and building control authorities granted 6 159 building permits; it was by 11.7% less, y-o-y. The approximate value of the permitted constructions reached CZK 41.9 billion and it increased by 0.2%, year-on-year.
“Starting of housing construction was in the doldrums in November. The number of dwellings started decreased by 40.7% and the number of started dwellings was the lowest in 2023, for the time being. The number of completed dwellings decreased by a fifth due to the category of family houses and it was rather influenced by a high comparison basis,” Petra Cuřínová, Head of the Construction Statistics Unit of the CZSO, explains.
The average registered number of employees in construction enterprises with 50+ employees increased by 0.6%, y-o-y. Their average gross monthly nominal wage increased by 7.6%, y-o-y.
According to Eurostat, construction output in the EU27 in October 2023 decreased by 0.4%, year-on-year. Building construction decreased by 0.8% and civil engineering increased by 1.8%. According to a preliminary release calendar, Eurostat will release data for November 2023 on 18 January 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.cz
Method of data acquisition: direct surveys of the CZSO (Stav 1-12 and Stav 2-12)
End of data collection: 2 January 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 February 2024