Country focus Czech Republic
Language: English Series: Building Magazine ; 15 June 2007Publication details: 2007Subject(s): Summary: Reports the current economic situation. Its impact on the property market and the construction industry are analysed. The economy experienced strong growth in 2005 and 2006, but consumer inflation has been low this year at just 2.6%. This is seen as a result of low wage inflation in the labour market. The property market is generally buoyant, with the residential sector experiencing the greatest construction boom since 1989. The construction industry continues to enjoy stable growth. Construction costs are rising, and there are substantial increases in material prices. Stable growth is predicted for the future.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L138547 (Browse shelf(Opens below)) | 1 | Available | 138547-1001 |
Reports the current economic situation. Its impact on the property market and the construction industry are analysed. The economy experienced strong growth in 2005 and 2006, but consumer inflation has been low this year at just 2.6%. This is seen as a result of low wage inflation in the labour market. The property market is generally buoyant, with the residential sector experiencing the greatest construction boom since 1989. The construction industry continues to enjoy stable growth. Construction costs are rising, and there are substantial increases in material prices. Stable growth is predicted for the future.