Construction production down 5.2%, employment down 0.7%
Construction output in January 2021 was down by 5.2% y/y at
constant prices. It increased by 4.2% m/m. Building authorities
issued 6044 building permits, 12.3% less than in January 2020. The
approximate value of these projects reached CZK 33.0bn (-8.3%).
The data were published by the Czech Statistical Office. The number
of started dwellings decreased by 11.3% to 2629 units. There were
3,027 completed dwellings (+ 11.5%). The average registered
number of employees in construction decreased by 0.7%. The
average gross monthly nominal wage in the branch increased by
0.4%. According to Eurostat data, construction output in the EU27 in
December 2020 showed a decrease of 2.1%.
Zpracoval kolektiv pracovníků zahraniční kanceláře CzechTrade Bangalore.