Construction output in the Czech Republic rose 5.8 percent from a year earlier in May of 2021, reversing a 3.9 percent decline in the previous month. It was the first increase in construction activity since March of 2020 and the strongest since April of 2019, partly due to low base effects and amid the further easing of anti-epidemic restrictions. Both building activity (4.5 percent vs -5.4 percent in April) and civil engineering works (8.8 percent vs -0.3 percent) bounced back. On a monthly basis, construction output rose 3 percent. source: Czech Statistical Office
Construction Output in Czech Republic averaged 1.28 percent from 1998 until 2021, reaching an all time high of 36.90 percent in January of 2018 and a record low of -25.80 percent in January of 2010. This page provides - Czech Republic Construction Output - actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Construction Output - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Construction Output in Czech Republic is expected to be 7.50 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 3.50 in 12 months time. In the long-term, the Czech Republic Construction Output is projected to trend around 1.80 percent in 2022 and 1.40 percent in 2023, according to our econometric models.