Construction output in the Czech Republic shrank 3.9 percent from a year earlier in April of 2021, after an upwardly revised 3.3 percent fall in the previous month. It was the 13th consecutive month of falling construction activity amid the pandemic crisis and partly influenced by unfavourable weather during April. Building activity decreased 5.4 percent (vs -4.8 percent in March) and civil engineering works went down 0.3 percent (vs 2.4 percent). On a monthly basis, construction output declined 1.3 percent. source: Czech Statistical Office
Construction Output in Czech Republic averaged 1.27 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 June of 2021.
Construction Output in Czech Republic is expected to be 12.20 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 4.80 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.