Construction
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In April 2013, construction output increased by 9.8% year-on-year according to unadjusted data. In addition to the low base in the previous year the growth of construction of building structures and that of road and railway constructions contributed to this rise in April.
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In March 2013, construction output increased by 9.9% year-on-year according to unadjusted data. In addition to the low base in the previous year – the trend cycle of production hit its ten-year low between March and June 2012 – the growth of output of road and railway constructions contributed to this rise in March. Construction producer prices rose by 1.4% in the 1st quarter of 2013 compared to the same period of 2012.
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In February 2013, construction output increased by 7.2% year-on-year according to unadjusted data. In addition to the low base in the previous year, the favourable weather in February – 5.8°C higher daily mean temperature than a year earlier – contributed to this output growth in February.
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Year-on-year, construction output decreased by 4.1% in January 2013 according to both unadjusted and working day adjusted indices. Output went down by a seasonally adjusted 1.5% month-on-month.
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Year-on-year, construction output decreased by 5.9% in 2012 and by 3.1% in December. Over the whole year, both the construction of buildings (7.6%) and civil engineering works (4.0%) decreased. At the same time, the volume of contracts signed by construction enterprises increased by 14.7% in volume year-on-year.
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In November 2012, construction output was down by 11.7% on the high base a year ago. Within this, the construction of buildings fell by 16.8% and that of civil engineering works (roads, railways as well as pipelines, communication and electricity lines) was down by 7.2%. At the end of November 2012, the stock of orders of construction enterprises was 12.5% higher than a year ago.
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In October 2012, construction increased by 1.4% in output year-on-year. Within this, the construction of buildings decreased by 0.3% and that of civil engineering works (roads, railways as well as pipelines, communication and electricity lines) grew by 2.7%. At the end of October 2012, the stock of orders of construction enterprises was 11.8% higher than one year ago, first of all owing to contracts signed for motorway constructions and railway reconstructions.
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In September 2012, construction increased by 6.8% in output year-on-year. The construction of buildings rose by 4.2% and that of civil engineering works grew by 9.4%. Construction producer prices rose by 2.0% in the 3rd quarter of 2012 compared to the same period of 2011.
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In August 2012, construction decreased by 5.3% in output year-on-year. The construction of buildings decreased by one tenth, while that of civil engineering works grew slightly.
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In July 2012, construction increased by 7.6% in output year-on-year. This growth resulted partly from a very low base a year ago and partly from some road construction and railway modernisation works as well as from public utility projects.
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In June 2012, construction decreased by 11.2% in output year-on-year. Both main groups of constructions, i.e. buildings and civil engineering works, decreased in output. Due to the increase of new contracts, the stock of orders at the end of June was slightly above the level of the previous year. Construction producer prices rose by 1.9% in the 2nd quarter of 2012 compared to the same period of 2011.
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In May 2012, construction decreased by 15.2% in output year-on-year. Both main groups of constructions decreased in output. Due to the increase of new contracts, the stock of orders at the end of May was slightly above the level of the previous year.
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In April 2012, construction decreased by 4.8% in output year-on-year. Both main groups of constructions decreased in output. Despite the increase of new contracts, the stock of orders at the end of April was invariably below the level of the previous year.
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In March 2012, construction decreased by 12.6% in output year-on-year. Both main groups of constructions decreased in output. Construction producer prices rose by 2.1% in the 1st quarter of 2012 compared to the same period of 2011.
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In February 2012, construction decreased by 16.0% in output year-on-year. Both main groups of constructions decreased in output. Despite the fact that construction enterprises had an almost 80% year-on-year increase in new contract volume in February, the month-end contract volume continued to be down year-on-year.
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In January 2012, construction decreased by 1.5% in output year-on-year. Both main groups of construction decreased in output. Despite the fact that construction enterprises had a nearly 50% year-on-year increase in new contract volume in January, the month-end contract volume continued to be down year-on-year.
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The fall in construction, which started in 2006, also continued in 2011 with a 7.8% decrease in output year-on-year. The output of both main groups of constructions decreased. Over the whole year, the volume of new orders of construction enterprises was one sixth lower year-on-year. In 2011, construction producer prices rose by an average of 2.2% year-on-year.
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In November 2011, output of construction increased by 3.6% compared to November 2010. Growth in output, in addition to the low base, resulted from road and railway modernisation works. The construction of buildings continued to be lower year-on-year in volume. The volume of contracts signed for future construction works decreased by more than one third.
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In October 2011, output of construction decreased by 8.5% compared to October 2010. The decline in output was reduced by road and railway modernisation works, while the decrease in the construction of buildings continued. At the end of October 2011, the volume of contracts signed for future construction works was 37.1% lower than a year earlier.
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In September 2011, output of construction decreased by 12.0% compared to September 2010. As a result of the lack of great investments and a fall in dwelling construction the construction of buildings decreased at a faster rate. At the end of September 2011, the volume of contracts signed for future construction works was about 40% lower than a year earlier. Construction producer prices rose by 1.8% in the 3rd quarter of 2011 compared to the same period of 2010.
Hungarian Central Statistical Office
