Construction output in Czech Republic rose 8.9 percent year-on-year in April of 2019, slowing from an upwardly revised 12 percent jump in the previous month, as building activity increased at a much softer pace (6.5 percent vs 11.2 percent in March). Meanwhile, civil engineering rose faster (16.8 percent vs 15.4 percent). On a monthly basis, construction output fell 0.4 percent. Construction Output in Czech Republic averaged 1.64 percent from 1998 until 2019, reaching an all time high of 36.90 percent in January of 2018 and a record low of -26.40 percent in January of 2010.
Construction Output in Czech Republic is expected to be 4.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in Czech Republic to stand at 2.90 in 12 months time. In the long-term, the Czech Republic Construction Output is projected to trend around 2.70 percent in 2020, according to our econometric models.