Czech Construction Output Decreases

IndustrialsConstruction ♦ 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.

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…