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Czech Construction Industry Shrinks Substantially
Construction output down by 6.5% in 2012. In December 2012 the construction output declined by 17.3%, year-on-year (y-o-y).
Czech Construction Industry Shrinks Substantially / Picture: © Vindobona.org
The planning and building control authorities granted by 7.1% less building permits, y-o-y, and the approximate value of permitted constructions increased by 27.3%, y-o-y. The number of started dwellings was down by 5.1%, y-o-y, and the number of completed dwellings decreased by 2.3%, y-o-y. In 2012 the construction output declined by 6.5%,…
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