The average number of persons employed in industry went up by 2.5% year-on-year in February 2008 (+28.6 thousand persons). Increases in average number of persons employed were registered in ‘manufacture of rubber and plastic products’ (+10.0%), ‘manufacture of transport equipment’ (+7.4%) and ‘manufacture of machinery and equipment’ (+6.6%).
Employment decreased most in 'electricity, gas and water supply' (-10.4%), ‘manufacture of textiles and textile products’ (-6.8%) and ‘manufacture of leather and leather products’ (-3.2%).
The average monthly nominal wage in industry rose by 13.1% year-on-year and amounted to CZK 21 248. The average hourly wage increased by 6.4% and stood at CZK 145.4. Labour productivity in industry grew by 7.4% and hourly labour productivity by 1.8%.
Industrial new orders in selected CZ-NACE activities concluded in February 2008 reached the value of CZK 162.7 billion (current prices), of which non-domestic industrial new orders made up CZK 104.3 billion. The y-o-y index of industrial new orders in total stood at 104.4%, the index of non-domestic industrial new orders was 98.6%. Non-domestic industrial new orders grew most in ‘manufacture of radio, television and communication equipment and apparatus’ (+43.4%, contribution to the growth of industry in total 2.8 percentage points), ‘manufacture of machinery and equipment‘ (+11.3%, contribution 1.5 p.p.) and ‘manufacture of electrical machinery and apparatus’ (+15.5%, contribution 1.5 p.p.). Non-domestic industrial new orders dropped in 'manufacture of motor vehicles, trailers and semi-trailers' (-7.5%, contribution -2.4 percentage points), ‘manufacture of office machinery and computers’ (-39.2%, contribution -2.1 p.p.) and ‘manufacture of basic metals‘ (-13.8%, contribution -1.2 percentage points).
Construction Output
February construction output grew 11.5 percent year-on-year, versus 1.0 percent growth in January, separate data from the statistics office showed this maorning. In February 2008 seasonally adjusted total construction output at constant prices was up by 2.4%, compared with January 2008. In comparison to February 2007, output at constant prices grew by 11.5%. The planning and building control authorities granted 8 608 building permits, i.e. by 5.5% more year-on-year. Approximate value of permitted constructions increased by 16.5% year-on-year and reached CZK 29.3 billion. Seasonally adjusted total construction output at constant prices grew by 2.4% month-on-month. The trend increased by 0.7% month-on-month .
Total construction output at constant prices increased by 11.5% year-on-year, working days adjusted (WDA) total output grew by 10.3% (February 2008 had one working day more). Civil engineering recorded a high year-on-year growth of construction output in new construction, reconstruction and modernisation, and in repair and maintenance as well. This was due to financially demanding construction of roads and highways including their reconstruction and modernisation. In comparison to February 2007 civil engineering output moderately increased. Construction work abroad dropped for the first time in the period exceeding one year.
Approximate value of constructions permitted in February 2008 increased by 16.5% in comparison to February 2007 and reached CZK 29.3 billion. New construction is valued at CZK 21.0 billion (up by 18.8%, contribution 13.2 p.p.). Renewals and enhancements will make available constructions worth CZK 8.3 billion (up by 11.1%, contribution 3.3 p.p.). Approximate value of new construction was differentiated by type of constructions. The highest growth was registered for non-residential buildings (by 56.6%, contribution 11.7 p.p.) and residential buildings (by 27.0%, contribution 5.6 p.p.). The approximate value of environmental constructions and other constructions remained constant and fell year-on-year, respectively. Approximate value of renewals and enhancements grew in non-residential buildings (by 31.4%, contribution 3.6 p.p.) and in other constructions (by 13.9%, contribution 1.2 p.p.).
The number of employees in construction enterprises with 20+ employees rose by 0.7%*) against February 2007. The average monthly nominal wage of employees increased by 16.7% year-on-year and reached CZK 20 859 (real wage increased by 8.6%). The average hourly wage grew by 6.7% year-on-year and stood at CZK 145. Labour productivity per employee increased by 10.1% and labour productivity per hour worked grew by 0.7%.
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