Construction numbers still shrinking

However, planning and building control authorities granted 22.7 pct less building permits y-o-y (6,024), and the value of permitted constructions dropped by app. 10.7 pct y-o-y (CZK 22.1 bln). The number of started dwellings decreased by 4.8 pct y-o-y (1,723) and the number of completed dwellings plummeted by 29.5 pct y-o-y (3,221). For the whole year, construction output declined by 8.3 pct in real terms and was 25.1 pct down on the boom year of 2008.