Construction - October 2016

Annual Decline both in Production and Employment

07.12.2016
Code: 200035-16
 

In October 2016 the construction output fell by 8.5% year-on-year (y-o-y), in real terms. The planning and building control authorities granted by 0.4% more building permits, y-o-y, and the approximate value of permitted constructions increased by 0.7%, y-o-y. The number of started dwellings fell by 4.3%, y-o-y, and the number of completed dwellings jumped up by 75.4%, y-o-y.

In October 2016 the construction output decreased by 8.5%, y-o-y, in real terms. If working days adjusted the construction output fell by 7.3%. October 2016 was by one working day shorter compared to October 2015. The seasonally adjusted construction output in October 2016 was by 1.5% lower, month-on-month (m-o-m). The production in building construction decreased by 1.5% (contribution -1.0 percentage points (p.p.)), y-o-y. The production of civil engineering construction dropped by 20.1% (contribution -7.5 p.p.), y-o-y.

The average registered number of employees*), in construction enterprises with 50+ employees fell by 3.2%, y-o-y, in October 2016. Their average gross monthly nominal wage increased by 0.1%, compared year-on-year, and reached CZK 32 893.

In October 2016 the number of building permits granted increased by 0.4%, y-o-y; the planning and building control authorities granted 7 413 building permits. The approximate value of the permitted constructions attained CZK 24.5 billion and grew by 0.7% compared to the same period of 2015.

The number of dwellings started in October 2016 dropped by 4.3%, y-o-y, and attained 2 172 dwellings. The number of dwellings started in family houses grew by 14.5% and that of dwellings started in multi-dwelling buildings plummeted by 35.6%.

The number of completed dwellings soared by 75.4%, y-o-y, in October 2016 and was 3 146 dwellings. The number of completed dwellings in family houses grew by 9.9%. The number of completed dwellings in multi-dwelling buildings increased by more than four times due a large project finished in Prague.

According to Eurostat the WDA (working days adjusted) construction output in the EU28 decreased by 0.2%, y-o-y, in September 2016. Buildings increased by 0.2% and civil engineering works fell by 1.6%. According to the preliminary schedule Eurostat shall release the data for October 2016 on 19 December 2016 (at 11:00 a.m.).

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Notes:

*) The indicator of the registered number of employees does not include persons working under various contracts for work, working owners of enterprises and cooperating household members, who do not have contracts of employment. Data on the registered number of employees in construction also exclude agency workers, who have contracts of employment, yet within activities of services (CZ-NACE 78.2).

In accordance with the CZSO revision policy the data for the period from July 2016 to September 2016 were revised.
Responsible head at the CZSO: Radek Matějka, phone: (+420) 274052894,
e-mail: radek.matejka@czso.cz
Contact person: Petra Cuřínová, phone: (+420) 274054199,
e- mail: petra.curinova@czso.cz
Method of data acquisition: the CZSO direct surveys of Stav 1-12 and Stav 2-12
End of data collection: 2 December 2016
Following outcomes: https://www.czso.cz/csu/czso/sta_ts
https://www.czso.cz/csu/czso/bvz_ts
Next News Release will be published on: 6 January 2017

  •      asta120716.doc

  • Annexes:
  • Table 1 Construction production index, construction permits granted, and housing construction (year-on year indices for the month)
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Published: 07.12.2016
The data are valid as of the release date of the publication.


Contact: Information Services Unit - Headquarters, tel.: +420 274 056 789, email: infoservis@czso.cz