In May 2013 the construction output declined by 15.5%, year-on-year (y-o-y). The planning and building control authorities granted by 18.3% less building permits, y-o-y, and the approximate value of permitted constructions dropped by 28.7%, y-o-y. The number of started dwellings was down 14.7%, y-o-y, and the number of completed dwellings plummeted by 34.9%, y-o-y.
In May 2013 the construction output decreased by 15.5%, y-o-y. The seasonally adjusted construction output in May 2013 was by 2.4% lower, month-on-month (m-o-m). The production in building construction decreased by 15.8% (contribution -10.9 percentage points (p.p.)), y-o-y, and the production of civil engineering construction dropped by 14.7% (contribution -4.6 p.p.), y-o-y. Compared to the same period of 2008, the year of boom, the construction output plummeted by 33.4% since the beginning of 2013 till the end of May 2013.
According to Eurostat the WDA (working days adjusted) construction output in the EU27 decreased by 5.9%, y-o-y, in April 2013. Buildings dropped by 5.2% and civil engineering works fell by 8.3%. Eurostat shall release the data for May 2013 on 17 July 2013 (at 11:00 a.m.).
Source: Czech Statistical Office