Decrease in construction output in the Czech Republic in June

2010-08-24

Construction output in the Czech Republic decreased by 4.7% year on year in June, compared to the 0.5% increase reported in May, according to preliminary data from the Czech Statistics Office. Building construction output decreased by 5.5% (contribution -3.5 p.p.) and civil engineering output registered a decrease of 3.2% (contribution -1.2 p.p.). The average registered number of employees in construction enterprises with 50 or more employees declined by 3.4% compared with June 2009. Their average monthly nominal wage increased by 4.3% compared with June 2009, reaching CZK 27,936 (€1,126).

Construction output growth in the Czech Republic (%, y-o-y), January 2009-June 2010

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