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Czech building output up 3.5 pct in Oct — CSU

Czech building output grew by 3.5 percent year-on-year in October after a 1.8 drop in September, the Czech Statistical Office (CSU) said.

Adjusted for workdays, construction output rose by 2 percent in October. Month-on-month, seasonally adjusted building output added a real 0.9 percent.

The value of building projects permitted in October grew by 9.9 percent year-on-year to an estimated Kc32.8bn.

The growth in building output in October was boosted mainly by building construction which showed the biggest increase in new construction, modernisation and reconstruction, above all in the construction of new flats.

Building output grew in all the monitored types of construction except for civil engineering and other work, statisticians said.
(Czech News Agency)

December 12th, 2007 under Uncategorized.
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