Construction sector drops 2.7%, 35% fewer started flats

(CIANEWS) - Construction production dropped by 2.7% year on year in May 2023. Building authorities issued 7,088 building permits, down by 11.4%. Their indicative value grew by 16.1% to CZK 57.8bn. The number of started flats decreased by 34.9%. A total of 3.1% more flats were completed, according to figures published by the Czech Statistical Office. According to Eurostat data, construction production in the EU27 was 0.1% lower year on year in April 2023. Building construction dropped by 0.9%, and civil engineering grew by 3.9%.



Register newsletter

Get to know about Nordic Chamber, our press releases and all news, straight to your inbox.