Drastic Output Decrease in Czech Construction Sector

BusinessEconomy ♦ Published: August 6, 2013; 19:49 ♦ (Vindobona)

In June 2013 the construction output declined by 11.1%, year-on-year (y-o-y).

Drastic Output Decrease in Czech Construction Sector / Picture: © Vindobona.org

The planning and building control authorities granted by 16.4% less building permits, y-o-y, and the approximate value of permitted constructions increased by 7.6%, y-o-y. The number of started dwellings was down 13.2%, y-o-y, and the number of completed dwellings plummeted by 37.7%, y-o-y.

In June 2013 the construction output decreased by…