Construction - January 2023

The construction output increased by 5.4%, year-on-year (y-o-y), in real terms, in January. In the month-on-month (m-o-m) comparison, it was by 5.1% higher. The planning and building control authorities granted by 7.4% less building permits, y-o-y. The approximate value of permitted constructions increased by 35.8%, y-o-y. The number of started dwellings decreased by 8.8%, y-o-y. The number of completed dwellings decreased by 15.4%, y-o-y.

Construction output was by 5.1% higher, month-on-month, in real terms. “In January, favourable climatic conditions enabled builders to carry out all construction works without limitations and the output increased by 5.4%, year-on-year. The growth was driven by building construction, which increased by 7.9%, y-o-y. The production in civil engineering construction decreased by 4.2%, year-on-year,” Petra Cuřínová, Head of the Construction Statistics Unit of the Czech Statistical Office (CZSO), says.

The planning and building control authorities granted 6 241 building permits; it was by 7.4% less, y-o-y. The approximate value of the permitted constructions reached CZK 45.6 billion and it increased by 35.8%, year-on-year. “January growth of the approximate value was influenced by granting building permits to important constructions of the transport infrastructure and also to non-residential buildings. After excluding them from the model and after having taken into account the price development, we will get an approximate value at the level of January 2022,” Radek Matějka, Director of the Agricultural and Forestry, Industrial, Construction, and Energy Statistics Department of the CZSO, explains.

The number of started dwellings decreased by 8.8%, y-o-y, and reached the number of 2 687 dwellings. The number of completed dwellings decreased by 15.4%, year-on-year, and amounted to 2 981 dwellings.

There is still lack of employees in construction companies. The average registered number of employees in construction decreased by 0.9%, y-o-y. Their average gross monthly nominal wage increased by 14.9%, y-o-y.

According to Eurostat, construction output in the EU27 in December 2022 decreased by 0.4%, year-on-year. Building construction decreased by 0.9% and civil engineering increased by 0.6%. According to a preliminary release calendar, Eurostat will release data for January 2023 on 21 March 2023.

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Notes:
Data for the year 2022 have been revised.
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: 1 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: 6 April 2023

Attachments

⇩ asta031023.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)