Construction - December 2012

In December 2012 the construction output declined by 17.3%, year-on-year (y-o-y). The planning and building control authorities granted by 7.1% less building permits, y-o-y, and the approximate value of permitted constructions increased by 27.3%, y-o-y. The number of started dwellings was down by 5.1%, y-o-y, and the number of completed dwellings decreased by 2.3%, y-o-y.
In 2012 the construction output declined by 6.5%, year-on-year.

In December 2012 the construction output decreased by 17.3%, y-o-y; if seasonally adjusted it was lower by 14.1%. December 2012 was by three working days shorter compared to the same month of the previous year. The seasonally adjusted construction output in December 2012 was by 2.2% up, month-on-month (m-o-m). The production in building construction decreased by 15.7% (contribution -11.7 percentage points (p.p.)), y-o-y, and the production of civil engineering construction dropped by 21.8% (contribution -5.6 p.p.), y-o-y.

The average registered number of employees ¹⁾ in construction enterprises with 50+ employees fell by 4.1%, y-o-y, in December 2012. Their average monthly nominal wage increased by 3.7%, y-o-y, and reached CZK 36 648.

In December 2012 the number of building permits granted decreased by 7.1%, y-o-y; the planning and building control authorities granted 7 790 building permits. The approximate value of the permitted constructions attained CZK 24.8 billion and grew by 27.3% compared to the same period of 2011 mostly due to permits for large structures for energy industry.

The number of dwellings started in December 2012 declined by 5.1%, y-o-y, and attained 1 810 dwellings. The number of dwellings started in multi-dwelling buildings plummeted by 27.5% and that of dwellings started in family houses dropped by 6.4%.

The number of completed dwellings fell by 2.3%, y-o-y, in December 2012 and was 4 582 dwellings. The number of completed dwellings in multi-dwelling buildings increased by 2.0%. The number of completed dwellings in family houses dropped by 2.1%.

According to Eurostat the WDA (working days adjusted) construction output in the EU27 decreased by 5.9%, y-o-y, in November 2012. Building construction dropped by 6.4% and civil engineering construction decreased by 4.3%. Eurostat shall release the data for December 2012 on 19 February 2013 (at 11:00 a.m.).

Construction in Q4 2012

In Q4 2012 the construction output decreased by 7.8%, y-o-y. If seasonally adjusted it was lower by 8.4%. Q4 2012 was by one working day longer compared to the same period of the previous year. The production in building construction decreased by 5.9% (contribution -4.1 percentage points (p.p.)), y-o-y, and the production of civil engineering construction dropped by 12.2% (contribution -3.7 p.p.), y-o-y.

The average registered number of employees ¹⁾ in construction enterprises with 50+ employees decreased by 4.4%, y-o-y in Q4 2012. Their average monthly nominal wage increased by 4.4%, y-o-y and reached CZK 34 143.

In Q4 2012 the number of building orders of construction enterprises with 50+ employees plummeted by 35.6%, y-o-y; the enterprises received and concluded 7 814 orders in the Czech Republic. The total value of the orders remained at the level of 2011 and was CZK 38.1 billion. The building construction orders were for CZK 18.8 billion (increase by 26.5%) and those for civil engineering constructions were for CZK 19.3 billion (drop by 17.1%). In Q4 2012 the average value of a newly concluded building order accounted for CZK 4.9 million and was by 55.2% higher, y-o-y.
At the end of Q4 2012 construction enterprises with 50+ employees had 7.9 thousand orders contracted (drop by 29.4%) and these orders represented the inventory of still unimplemented construction works of the total value of CZK 125.6 billion (drop by 12.2%).

In Q4 2012 the number of building permits granted was down by 7.7%, y-o-y; the planning and building control authorities granted 24 800 building permits. The approximate value of constructions permitted in Q4 2012 accounted for CZK 72.8 billion and increased by 6.5% compared to the same period of 2011, mostly due to permits for large structures for energy industry in December 2012.

The floor area of buildings permitted in Q4 2012 was 1 172.2 thousand m ², which means a growth by 4.4% compared y-o-y. The floor area of permitted residential buildings decreased by 12.9%, and that of non-residential buildings increased by 29.0%.

The number of dwellings started in Q4 2012 dropped by 8.5%, y-o-y and accounted for 5 596 dwellings. The number of dwellings started in family houses decreased by 8.3%, and that in multi-dwelling buildings plummeted by 35.6%.

The number of completed dwellings in Q4 2012 declined by 9.4%, y-o-y and attained 9 523 dwellings. The number of completed dwellings in family houses decreased by 6.1%, y-o-y, and the number of completed dwellings in multi-dwelling buildings dropped by 14.1%.

Remark:

Beginning at the News Release for January 2013 the base of short-term statistics is to be changed. Besides a change to the reference period of base indexes, which shall be newly measured to the average of 2010 instead of that of 2005, the weighting scheme for 2010 shall be applied as well. In accord with the Eurostat methodology the new weights shall be created by a retroactive conversion back to 2009 which shall result in a revision of base indexes as well as year-on-year ones. Historic data prior 2009 shall be interlinked by means of conversion bridges and therefore year-on-year indexes shall stay unchanged.
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¹⁾ The registered number of employees indicator does not include: persons working under various contracts for work, working owners of enterprises, and cooperating household members, who do not have an employment contract. Data on the registered number of employees in construction also exclude agency workers, who have an employment contract, however, in other activity than construction.

Analysis - Decline in construction continued in 2012


Notes:
Responsible head at the CZSO: Radek Matějka, phone: (+420) 274052894, e-mail: radek.matejka@czso.cz
Contact person: Petra Cuřínová, phone: (+420) 274054199, e-mail: petra.curinova@czso.cz
Method of data acquisition: the CZSO direct surveys of Stav 1-12 and Stav 2-12
End of data collection: 1 February 2013
Following outcomes: /csu/czso/sta_cr /csu/czso/bvz_cr
Next News Release will be published on: 15 March 2013

Published: 06.02.2013
The data are valid as of the release date of the publication.