Construction - September 2024

Construction output decreased by 5.5%, month-on-month, in September. “Construction output in September, after having been growing for two months, decreased by 7.1%, year-on-year. This decrease took place in both civil engineering and building construction and it was partially influenced by extraordinarily high precipitation. The rainfall in September was almost three times higher than a long-term average,” Radek Matějka, Director of the Agricultural and Forestry, Industrial, Construction, and Energy Statistics Department of the Czech Statistical Office (CZSO), says. Production in building construction decreased by 6.1% and civil engineering construction decreased by 8.7%, y-o-y.

The approximate value of constructions, for which a building permit was granted in September, reached CZK 46.6 bn and increased by 2.0%, y-o-y.

“In September, construction of 4 529 dwellings started, which is by almost a half more compared to the previous year. Contrarily, only 1 761 dwellings were completed, by a quarter less, year-on-year,” Petra Cuřínová, Head of the Construction Statistics Unit of the CZSO, explains.

According to data of Eurostat, construction output in the EU27 in August 2024 decreased by 2.4%, year-on-year. According to a preliminary release calendar, Eurostat will release data for September 2024 on 20 November 2024.

For more detailed information on the development in construction see the Supplementary information to the news release on construction.