Construction output sees modest year-on-year growth in February 2025

Construction output in the Czech Republic rose by 0.9% year-on-year in February 2025, according to the Czech Statistical Office (CZSO). However, when compared to January 2025, construction activity declined by 0.6%.

Building construction increased by 0.7% year-on-year, while civil engineering construction rose by 1.3%. The growth rate was influenced by a higher comparison base from February 2024, which contributed to what the CZSO described as overall stagnation in the sector.

The total estimated value of projects for which building permits were issued in February reached CZK 45.6 billion, up 30.2% compared to the same month last year. This increase was partly due to the approval of several large-scale projects exceeding CZK 1 billion. Even when adjusted to exclude these high-value projects, the value of permits still recorded a year-on-year increase of approximately 10%.

The number of housing starts rose significantly, with construction beginning on 2,607 new dwellings—a 40.1% increase compared to February 2024. In contrast, the number of completed dwellings declined sharply, falling by 49.5% year-on-year to 1,683 units.

In broader context, Eurostat reported that construction output in the EU27 rose by 0.2% in January 2025 on a year-on-year basis. Data for February 2025 across the EU is scheduled for release on 23 April.