Construction - August 2022

The construction output decreased by 0.4%, year-on-year (y-o-y), in real terms, in August. In the month-on-month (m-o-m) comparison, it was by 1.4% higher. The planning and building control authorities granted by 9.1% less building permits, y-o-y. The approximate value of permitted constructions decreased by 6.3%, y-o-y. The number of started dwellings decreased by 12.0%, y-o-y. The number of completed dwellings increased by 60.9%, y-o-y.

“In August, construction output increased by 1.4%, month-on-month, after 5 months, and the growth took place in both segments. In the year-on-year comparison, it maintained the last year’s rather good level and only decreased by 0.4%. Growth of construction output is further hold down by high prices of construction work and materials,” Radek Matějka, Director of the Agricultural and Forestry, Industrial, Construction, and Energy Statistics Department, says. The production in building construction increased by 0.1%, compared to the corresponding month of the previous year. The production of civil engineering construction decreased by 1.4%, year-on-year.

The planning and building control authorities granted 7 425 building permits; it was by 9.1% less, y-o-y. “The approximate value of the permitted constructions reached CZK 38 billion and it decreased by 6.3%, year-on-year. However, last August, a higher amount of big constructions was permitted. After their deduction, the approximate value would increase by 15%, year-on-year, and it would maintain its growth even after taking into account the price development,” Petra Cuřínová, Head of the Construction Statistics Unit of the CZSO, explains.

The number of dwellings started decreased by 12.0%, y-o-y, and reached the number of 4 025 dwellings. The number of dwellings completed increased by 60.9%, y-o-y, and amounted to 3 639 dwellings.

The average registered number of employees in construction increased by 0.2%, y-o-y. Their average gross monthly nominal wage increased by 12.9%, y-o-y.

According to Eurostat, construction output in the EU27 in July 2022 increased by 1.3%, year-on-year. Building construction increased by 1.2% and civil engineering by 1.3%. According to a preliminary release calendar, Eurostat will release data for August 2022 on 19 October 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://www.czso.cz/csu/czso/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@czso.cz
Contact person: Petra Cuřínová, Head of the Construction Statistics Unit, phone number: (+420) 737 280 494, e- mail: petra.curinova@czso.cz
Method of data acquisition: direct surveys of the CZSO (Stav 1–12 and Stav 2–12)
End of data collection: 3 October 2022
Related outputs:
https://www.czso.cz/csu/czso/sta_ts
https://www.czso.cz/csu/czso/bvz_ts
international comparison in EU countries: Eurostat
Next News Release will be published on: 7 November 2022

Attachments

⇩ asta100722.docx
Annexes:
⇩ Table 1 Construction production indices, building permits granted, and housing construction (year-on-year indices for the month)
⇩ Chart 1 Construction production indices (year-on-year indices for the month)
⇩ Chart 2 Construction production indices (base indices)
⇩ Chart 3 Construction production indices, international comparison (base indices)