Czech construction output results mixed in May

Czech construction output results mixed in May

Published at: 2019-07-12 08:18 | Author: CIJEurope.com
Building construction output fell 1.6 percent in May 2019, but the Czech Statistics Office reports that compared to May 2018, civil engineering rose 5.5 percent. The number of housing starts fell 12.3 percent to 3,345 units, with family home starts dropping 11.2 percent. The results were even more dramatic with apartment buildings, with the number of flats collapsing 22.1 percent, according to the CSU. Its construction specialist said the poor showing was largely because May 2018 was an unusually strong month. Overall, industrial output growth dropped 3.2 percent y-o-y in May, slightly worse than the 3.3 percent in April.

Similar Stories:

One United developing mixed-use project in Bucharest
One United Properties is planning to break ground on a mixed-use project in Bucharest with  »
Nemec named as JLL's new Head of Capital Markets for Slovakia
JLL Slovakia has named Rudolf Nemec as its new Head of Capital Markets, a move that took e  »
Hungarian construction sector improve in Q2
The Hungarian construction sector showed signs of improvement between March and June, surp  »
CEDES 2019: Investors confident even as cycle's end approaches
Slovakia's property market may be heading into the final stages of the current econom  »
Czech Republic  ♦  Hainc : Prague needs density
CIJ: In 2016, the Metropolitan plan was in chaos. The head of the plan had been fired and   »
And it’s not just shift workers to man the machines and assembly lines and to stack good   »
Czech Republic  ♦  It‘s Prague 4 vs. The World
Prague 4 appears to have done away with formalities and diplomatic language and made it cl   »
This reflected economic and political reality, as the country is being pulled in differing   »