Construction output in Czech Republic went up 12.4 percent year-on-year in September of 2018, following an 11.9 percent increase in the previous month. Both civil engineering works (18.1 percent vs 15.8 percent in August) and building activity (10.1 percent vs 10.3 percent) continued to rise. On a seasonally adjusted monthly basis, construction output went up 0.9 percent. Construction Output in Czech Republic averaged 1.54 percent from 1998 until 2018, reaching an all time high of 33.10 percent in February of 2007 and a record low of -26.40 percent in January of 2010.
Construction Output in Czech Republic is expected to be 2.90 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 2.97 in 12 months time. In the long-term, the Czech Republic Construction Output is projected to trend around 1.90 percent in 2020, according to our econometric models.