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Czech Construction Output Decreases

Published: December 10, 2012; 14:08 · (Vindobona)

In October 2012 the construction output decreased by 4.3%, year-on-year (y-o-y), in real terms. Even a higher number of working days has not stopped the decline in construction output.

Czech Construction Output Decreases / Picture: © Wikimedia Commons / ILIOTEC Solar GmbH, www.iliotec.de [CC BY-SA 3.0 de (https://creativecommons.org/licenses/by-sa/3.0/de/deed.en)]

The planning and building control authorities granted by 2.1% less building permits, y-o-y, and the approximate value of permitted constructions decreased by 4.3%, y-o-y. The number of started dwellings dropped by 4.7%, y-o-y, and the number of completed dwellings fell by 17.3%, y-o-y.

In October 2012 the construction output decreased by…

This article includes a total of 340 words.

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