Construction - February 2023

The construction output decreased by 4.3%, year-on-year (y-o-y), in real terms, in February. In the month-on-month (m-o-m) comparison, it was by 3.7% lower. The planning and building control authorities granted by 13.0% less building permits, y-o-y. The approximate value of permitted constructions increased by 5.3%, y-o-y. The number of started dwellings decreased by 4.9%, y-o-y. The number of completed dwellings increased by 17.2%, y-o-y.

Construction output was by 3.7% lower, month-on-month, in real terms. In the y-o-y comparison, it dropped by 4.3%. “In February, the production hit high comparison bases of both last February and this year’s January and less favourable weather also contributed to the decrease in production. The production decrease was attenuated by building construction, which dropped by 1.5%, year-on-year, while civil engineering construction decreased by 14.4%,” Radek Matějka, Director of the Agricultural and Forestry, Industrial, Construction, and Energy Statistics Department of the Czech Statistical Office (CZSO), says.

The planning and building control authorities granted 6 006 building permits; it was by 13.0% less, y-o-y. The approximate value of the permitted constructions reached CZK 41.9 billion and it increased by 5.3%, year-on-year.

“In February, construction of 3 511 dwellings started and the number dropped by 4.9%, year-on-year. The decrease is due to the category of family houses, in which the numbers have been falling since half 2022 already. On the other hand, the number of multi-dwelling buildings started increased, namely in Prague,” Petra Cuřínová, Head of the Construction Statistics Unit of the CZSO, says. The number of completed dwellings increased by 17.2%, y-o-y, and amounted to 2 678 dwellings.

The average registered number of employees in construction decreased by 1.7%, y-o-y. Their average gross monthly nominal wage increased by 14.1%, y-o-y.

According to Eurostat, construction output in the EU27 in January 2023 increased by 1.4%, year-on-year. Building construction increased by 1.5% and civil engineering increased by 0.5%. According to a preliminary release calendar, Eurostat will release data for February 2023 on 19 April 2023.

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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 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: 31 March 2023
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: 9 May 2023

Attachments

⇩ asta040623.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)