06.02.2024 Construction - December 2023

The construction output decreased by 4.6%, year-on-year (y-o-y), in December . In the month-on-month (m-o-m) comparison, it was by 1.3% higher. The planning and building control authorities granted by 7.5% less building permits, y-o-y. The approximate value of permitted constructions increased by 62.4%, y-o-y. The number of started dwellings decreased by 16.5%, y-o-y, the number of completed dwellings increased by 5.0%, y-o-y.

“Construction output decreased by 2.6%, year-on-year, in 2023, and the decline was sharper in the segment of civil engineering construction. The approximate value of permitted constructions increased; however, housing construction was in the doldrums mainly in the starting phase,” 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 by 1.3%, month-on-month. In the year-on-year comparison, it decreased by 4.6%. “In December, the total production decrease was softened by b uilding construction the production of which dropped by 1.3%, year-on-year. Civil engineering construction had to cope with a higher comparison basis and decreased by 12.5%,” Petra Cuřínová, Head of the Construction Statistics Unit of the CZSO, says.

The planning and building control authorities granted 6 197 building permits; it was by 7.5% less, y-o-y. The approximate value of permitted constructions reached CZK 84.2 billion and increased by 62.4%, year-on-year.

The number of dwellings started decreased by 16.5%, y-o-y, and amounted to 3 166 dwellings. The number of completed dwellings increased by 5.0%, y-o-y, and amounted to 5 002 dwellings.

The average registered number of employees in construction enterprises with 50+ employees increased by 1.1%, y-o-y. Their average gross monthly nominal wage increased by 2.3%, y-o-y.

According to Eurostat, construction output in the EU27 in November 2023 decreased by 2.1%, year-on-year. Building construction decreased by 2.5% and civil engineering increased by 0.2%. According to a preliminary release calendar, Eurostat will release data for December 2023 on 20 February 2024.

For more detailed information on the development in construction see the Supplementary information to the News Release on Construction.

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Notes:
Starting with a news release for January 2024, the base for short-term statistics will change. Besides the base period for base indices, which will be newly compared to the average of the year 2021 instead of the average of the year 2015, also the weighting scheme of the year 2021 will be used. Recalculated time series of indicators will be available since the year 2000.

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: 1 February 2024
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: 15 March 2024

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