Czech construction output growth accelerated to 6.3 percent year-on-year in December 2019 from 4.5 percent in the previous month, boosted by a faster increase in building activity (8.2 percent vs 5.3 percent). Meanwhile, civil engineering works rose at a softer pace (0.8 percent vs 2.7 percent). Considering 2019 full year, construction output grew 2.3 percent, easing sharply from 9.1 percent in 2018. Czech Republic Construction Output - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.
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 -25.70 percent in January of 2010. This page provides - Czech Republic Construction Output - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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 3.60 in 12 months time. In the long-term, the Czech Republic Construction Output is projected to trend around 2.70 percent in 2021, according to our econometric models.