Building production up 8.2 % in CR, 8.6 % in EU

Published: 25.05.2022 Related countries:  U.S.A. U.S.A.

In March 2022, construction output in the Czech Republic increased by 8.2 % y/y in real terms.

The authorities issued 7,910 building permits, up 6.1 %. The approximate value of these construction projects reached CZK 47.1bn (+ 28.6 %).

The data of the Czech Statistical Office also show that the number of started dwellings increased by 44.7 % to 4,196 units and the number of completed dwellings decreased by 3.4 % to 3,304. The average registered number of employees in construction increased by 1.2 %.

Source: CIA News, www.cianews.cz.
Prepared by the team of CzechTrade office in New York.