Vladimír Urbánek (Kurzy.cz)
Macroeconomics  |  August 06, 2012 10:33:33

CR - construction in June, a significant decrease in structural engineering


Construction production in June 2012 fell year on year by 8.4%. Building control authorities granted annually by 14.4% less building permits and approximate value declined by 36.3%. It was started up by 17.4% of dwellings. Were completed for 91.9% of dwellings.

Construction production in June 2012 dropped by 8.4% in real terms, adjusted for working days fell by 7.3%. June 2012 was compared to the same month the previous year less one day. Construction output seasonally adjusted was in June 2012 decreased by 1.8%. Building construction output fell by 1.4% (contribution -0.9 pp) and civil engineering output fell by 22.1% (contribution -7.5 pp). Construction output from the beginning of the end of June has fallen in comparison to the boom of 2008 by 23.7%.

Average number of employees 1) in enterprises with 50 or more employees in the construction industry in June 2012 year decreased by 3.9%. Average monthly nominal wage fell by 0.6% and amounted to 28 032 CZK.

Number of building permits issued in June 2012 decreased by 14.4%, building control authorities granted 8 686th approximate value of these buildings reached CZK 21.5 billion and compared to the same period of 2011 decreased by 36.3%.

Number of dwellings started in June 2012 fell by 17.4% and amounted to 1 934 bytes. Number of dwellings in family houses dropped by 18.9% in residential buildings decreased by 56.0%.

Number of completed dwellingsin June 2012 increased by 91.9% and amounted to 2454 bytes. Number of completed dwellings increased in both houses and in residential homes. This increase was partly due to the low comparison basis from June 2011.

Construction on the 2nd quarter of 2012

Construction output in the 2nd quarter of 2012 fell year on year by 5.1%. Building construction rose by 0.1% (by 0.03 pp) and civil engineering recorded a decline in construction output by 15.8% (contribution -5.1 pp).

Average number of employees in enterprises with 50 or more employees in the building on the 2nd quarter of 2012 decreased by 4.0%. average nominal wage fell by 0.9% and reached CZK 28 737.

Number of construction contractsconstruction enterprises with 50 or more employees in the 2nd quarter of 2012 fell by 32.7% of businesses in this country concluded nine 839th overall value of these orders fell by 21.5% and reached CZK 34.8 billion, building construction CZK 18.4 billion (down 4.0%) and civil engineering CZK 16.4 billion (down 34.8%). The average value of new construction orders in the 2nd quarter of 2012 amounted to CZK 3.5 million and was up by 16.7% higher.
At the end of the 2nd quarter of 2012 construction enterprises with 50 or more employees concluded a total of 11,500 orders (down 18.9%), and these orders represented a supply of works not yet carried out a total of 146.4 billion CZK (decrease by 14.6 %).

Number of building permits issued in the 2nd quarter of 2012 fell by 13.6%, building control authorities granted 25 Approximate value of the 856ththese buildings was CZK 73.1 billion in the same period of 2011 decreased by 22.5%.

Floor area of new buildings permitted in the 2nd quarter 2012 was 1 329.2 thousand. m 2, which means year on year decline of 24.2%. Permitted floor area of ??residential buildings decreased by 21.6%, non-residential buildings decreased by 26.6%.

The number of dwellings started in the 2nd quarter 2012, decreased by 21.0% and amounted to 6002 bytes. Number of dwellings in family houses dropped by 20.1% in residential buildings decreased by 43.3%.

Number of dwellings completed in the 2nd quarter of 2012 grew by 26.4% and amounted to 6819 bytes. Number of completed dwellings in family houses increased by 6.9% in residential buildings rose by 46.8%. Partly, there is shown a low base effect of second quarter of 2011.

Construction output by Eurostat in May 2012 in the EU27 declined when adjusted for working days was 6.9%. Building construction fell by 6.3% and civil engineering by 10.9%. Data for June 2012 released by Eurostat on 20th 8th 2012 at 11:00 am

Source: CSO
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