Published:28.10.2024
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Czech Construction Output Rise for 2nd Month

Construction output in the Czech Republic rose year-on-year in August 2024.

Construction output in the Czech Republic rose 0.4% year-on-year in August 2024, easing from a 2% increase in the previous month. It was the second consecutive period of growth in construction activity, as production slowed for civil engineering (5.3% vs 7.1% in July), while building activity fell further (-2.3% vs -0.9%). The approximate value of constructions for which a building permit was granted in August reached CZK 49.5 billion, down by 1.2% on the year. Construction of 2,753 dwellings started in August, down by 11.3% year-on-year. On a monthly basis, construction activity was 1.6% lower than the previous period.

The article was prepared by the CzechTrade Morocco team.

Source: www.expats.com