In March 2015 the construction output increased by 8.4%, year-on-year (y-o-y), in real terms. The planning and building control authorities granted by 5.1% less building permits, y-o-y, and the approximate value of permitted constructions grew by 19.6%,
y-o-y. The number of started dwellings fell by 7.1%, y-o-y, and the number of completed dwellings increased by 32.2%, y-o-y.

In March 2015 the construction output increased by 8.4%, y-o-y, in real terms. The working days adjusted construction output in March 2015 was by 6.5% higher, y-o-y. March 2015 was by one working day longer than that of 2014.  The seasonally adjusted construction output in March 2015 was by 1.1% higher, month-on-month (m-o-m). The production in building construction increased by 4.6% (contribution +3.5 percentage point (p.p.)), y-o-y. The production of civil engineering construction recorded a considerable growth by 20.9% (contribution +4.9 p.p.), y-o-y. Compared to the same period of 2008, the year of boom, the construction output dropped by 26.0% in the period from this year beginning to the end of March 2015.

The average registered number of employees^*), in construction enterprises with 50+ employees fell by 1.6%, y-o-y, in March 2015. Their average gross monthly nominal wage increased by 6.8%, compared year-on-year, and reached CZK 29 082.

In March 2015 the number of building permits granted decreased by 5.1%, y-o-y; the planning and building control authorities granted 6 241 building permits. The approximate value of the permitted constructions attained CZK 23.1 billion and grew by 19.6% compared to the same period of 2014.

The number of dwellings started in March 2015 decreased by 7.1%, y-o-y, and attained 2 005 dwellings. The number of dwellings started in family houses decreased by 3.2% and that of dwellings started in multi-dwelling buildings plummeted by 46.6%.

The number of completed dwellings grew by 32.2%, y-o-y, in March 2015 and was 2 404 dwellings. The number of completed dwellings in family houses declined by 10.4%. The number of completed dwellings in multi-dwelling buildings soared by 145.1%.

According to Eurostat the WDA (working days adjusted) construction output in the EU28 decreased by 2.4%, y-o-y, in February 2015. Buildings decreased by 2.7% and civil engineering works fell by 0.5%. According to the preliminary schedule Eurostat shall release the data for March 2015 on 20 May 2015 (at 11:00 a.m.).

Construction in Q1 2015
In Q1 2015 the construction output increased by 6.9%, y-o-y, in real terms. Compared to Q4 2014 the seasonally adjusted construction output was by 5.8% higher, quarter-on-quarter. The production in building construction increased by 4.9% (contribution +3.8 p.p.), y-o-y, and the production of civil engineering construction grew by 14.3% (contribution +3.1 p.p.), y-o-y.

The average registered number of employees¹⁾ in construction enterprises with 50+ employees fell by 2.1%, y-o-y in Q1 2015. Their average monthly nominal wage increased by 4.0%, y-o-y and reached CZK 28 446.

In Q1 2015 the number of building orders of construction enterprises with 50+ employees increased by 2.8%, y-o-y; the enterprises received and concluded 9 140 orders in the Czech Republic. The total value of the orders decreased by 8.7%, y-o-y, and was CZK 33.8 billion. The building construction orders were for CZK 16.0 billion (growth by 16.6%) and those for civil engineering constructions were for CZK 17.8 billion (drop by 23.6%). The average value of a new concluded building order was CZK 3.7 million and was by 11.2% lower, y-o-y.
At the end of Q1 2015 construction enterprises with 50+ employees had 14.4 thousand orders contracted (growth by 5.8%) and these orders represented the inventory of still unimplemented construction works of the total value of CZK 164.0 billion (decline by 0.9%).

In Q1 2015 the number of building permits granted decreased by 0.3%, y-o-y; the planning and building control authorities granted 17 146 building permits. The approximate value of constructions permitted in Q1 2015 accounted for CZK 52.8 billion and decreased by 10.2% compared to the same period of 2014.

The floor area of buildings permitted in Q1 2015 was 1 063 thousand m², which means a growth by 2.3% compared y-o-y. The floor area of permitted residential buildings decreased by 3.6%, and that of non-residential buildings grew by 8.0%.

The number of dwellings started in Q1 2015 decreased by 7.1%, y-o-y and accounted for 5 062 dwellings. The number of dwellings started in family houses grew by 3.5%, and that in multi-dwelling buildings dropped by 25.2%.

The number of completed dwellings in Q1 2015 rose by 4.5%, y-o-y and attained 6 227 dwellings. The number of completed dwellings in family houses dropped by 5.8%, y-o-y, and the number of completed dwellings in multi-dwelling buildings increased by 25.2%.