15.2% increase in the volume of construction output
The volume of construction output was 15.2% higher in February 2017 than the low base a year earlier. Output increased in both main groups of constructions: by 13.5% in the construction of buildings and by 19.7% in that of civil engineering works. Based on seasonally and working day adjusted indices, construction output decreased by 0.5% in February compared to the previous month.
In February 2017, compared to the same month of the previous year:
The volume of output rose in both main groups of constructions: by 13.5% in the construction of buildings and by 19.7% in that of civil engineering works. Growth in the construction of buildings was primarily the result of the construction of industrial and warehouse buildings and, to a lesser extent, sports facilities and educational buildings in February as well. In case of civil engineering works, the production grew, in addition to the low base, as a result of road and railway construction works.
Out of the divisions of construction, output increased by 15.1% in the division of the construction of buildings and by 29.9% in civil engineering. The production of specialised construction activities grew by 11.7%.
The volume of new contracts was 43.5% higher than in the same period of the previous year, within which the volume of new contracts concluded was up by 68.5% for the construction of buildings and by 23.3% for the construction of civil engineering works. In case of buildings, more high-value contracts were signed for the construction of sports facilities, industrial and educational buildings and in the main group of constructions of civil engineering works for road and railway development.
At the end of February, the month-end volume of the stock of contracts of construction enterprises was 117.2% higher than the previous year's low base. Within this, the volume of the stock of contracts was 58.2% higher for the construction of buildings and 177.7% higher for the construction of civil engineering works than a year earlier.
Output of construction
| Period | Output of construction | |||||
|---|---|---|---|---|---|---|
| volume indices | value at current prices, billion HUF | |||||
| corresponding period of previous year =100.0% | original | seasonally and working day adjusted | ||||
| 2010 = 100.0% | previous month = 100.0% | |||||
| 2014 | 113.5 | 105.8 | 105.8 | x | 2 056.5 | |
| 2015 | 103.0 | 109.0 | 109.0 | x | 2 171.7 | |
| 2016 | 81.2 | 88.5 | 88.5 | x | 1 812.7 | |
| 2016 | January | 78.7 | 43.2 | 83.2 | 75.7 | 72.2 |
| February | 78.9 | 52.9 | 84.9 | 102.0 | 88.1 | |
| March | 65.4 | 71.3 | 79.6 | 93.8 | 119.4 | |
| April | 70.9 | 74.0 | 82.5 | 103.7 | 124.7 | |
| May | 73.5 | 83.5 | 83.2 | 100.8 | 142.2 | |
| June | 82.8 | 99.6 | 89.5 | 107.7 | 170.2 | |
| July | 83.1 | 87.6 | 88.2 | 98.5 | 149.8 | |
| August | 90.3 | 97.2 | 91.7 | 104.0 | 165.6 | |
| September | 86.3 | 120.7 | 93.6 | 102.0 | 206.3 | |
| October | 87.4 | 100.6 | 90.6 | 96.8 | 172.9 | |
| November | 85.3 | 107.5 | 92.1 | 101.6 | 186.4 | |
| December | 85.1 | 123.7 | 93.6 | 101.7 | 214.8 | |
| 2017 | January | 118.5 | 51.1 | 97.8 | 104.5 | 89.3 |
| February | 115.2 | 60.9 | 97.3 | 99.5 | 106.5 | |