Construction - October 2022

The construction output increased by 1.0%, year-on-year (y-o-y), in real terms, in October. In the month-on-month (m-o-m) comparison, it was by 1.8% higher. The planning and building control authorities granted by 6.5% less building permits, y-o-y. The approximate value of permitted constructions increased by 11.1%, y-o-y. The number of started dwellings decreased by 27.7%, y-o-y. The number of completed dwellings decreased by 0.6%, y-o-y.

“In October, construction output increased both in the year-on-year and in the month-on-month comparison and building construction was the driving force of growth. Civil engineering construction slightly exceeded the level from October 2021 and in comparison to September 2022 recorded a slight month-on-month increase,” Radek Matějka, Director of the Agricultural and Forestry, Industrial, Construction, and Energy Statistics Department of the Czech Statistical Office (CZSO), says.

The construction output increased in real terms by 1.8%, month-on-month. In the year-on-year comparison, it increased by 1.0%. The production in building construction increased by 1.2%, compared to the corresponding month of the previous year. The production of civil engineering construction increased by 0.4%, year-on-year.

The planning and building control authorities granted 7 178 building permits; it was by 6.5% less, y-o-y. The approximate value of the permitted constructions reached CZK 38.2 billion and it increased by 11.1%, compared to the corresponding period of 2021.

“Starting of housing construction continues to be in the doldrums. The number of dwellings started decreased by 27.7%, y-o-y, and reached the number of 2 598 dwellings. Mainly the number of dwellings started in multi-dwelling buildings is decreasing; however, building permits for construction of family houses are not being granted much now either, which holds true for all Regions,” Petra Cuřínová, Head of the Construction Statistics Unit of the CZSO, explains. The number of dwellings completed decreased by 0.6%, y-o-y, and amounted to 3 341 dwellings.

The average registered number of employees in construction increased by 1.0%, y-o-y. Their average gross monthly nominal wage increased by 11.3%, y-o-y.

According to Eurostat, construction output in the EU27 in September 2022 increased by 1.4%, year-on-year. Building construction increased by 1.4% and civil engineering by 1.3%. According to a preliminary release calendar, Eurostat will release data for October 2022 on 19 December 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.
In compliance with the CZSO Data Revision Policy, a data revision has been made.
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 December 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: 6 January 2023

Attachments

⇩ asta120722.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)