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ČSÚ: Pessimism in construction sector lowers

Companies representing 2% of construction production assessed the demand for their production as high in December 2014, while 42.2% of the sector said it was low. Some 4.6% of the construction companies expected their loan volume to increase, while 14% of the companies expected it to decrease. Some 11.8% of the sector expected the production to increase, while 40.7% expected it to decrease. The balance between the optimists and pessimists thus changed to -28.9 pps compared to -40.3 pps in December 2013.