22.1% increase in the volume of construction output
The volume of construction output was 22.1% higher in April 2017 than the low base a year earlier. Output increased in both main groups of constructions: by 11.9% in the construction of buildings and by 40.2% in that of civil engineering works. Based on seasonally and working day adjusted indices, construction output decreased by 2.6% in April compared to the previous month.
In April 2017, compared to the same month of the previous year:
The volume of output rose in both main groups of constructions: by 11.9% in the construction of buildings and by 40.2% 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 April 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 4.3% in the division of the construction of buildings, by 68.6% in civil engineering and by 14.4% in specialised construction activities.
The volume of new contracts was 30.6% higher than in the same period of the previous year, within which the volume of new contracts concluded was up by 6.2% for the construction of buildings and by 53.1% for the construction of civil engineering works. Growth in civil engineering works was the result of contracts signed for the development of transport infrastructure.
At the end of April, the month-end volume of the stock of contracts of construction enterprises was 92.4% higher than the previous year's low base. Within this, the volume of the stock of contracts was 45.4% higher for the construction of buildings and 126.8% higher for the construction of civil engineering works than a year earlier.
In January–April 2017, compared to the same period of the previous year:
The volume of construction output grew by 23.9% compared to 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 | 83.9 | 75.8 | 72.2 |
| February | 78.9 | 52.9 | 84.4 | 100.6 | 88.1 | |
| March | 65.4 | 71.3 | 78.1 | 92.6 | 119.4 | |
| April | 70.9 | 74.0 | 82.5 | 105.6 | 124.7 | |
| May | 73.5 | 83.5 | 83.0 | 100.6 | 142.2 | |
| June | 82.8 | 99.6 | 89.4 | 107.8 | 170.2 | |
| July | 83.1 | 87.6 | 88.2 | 98.7 | 149.8 | |
| August | 90.3 | 97.2 | 91.9 | 104.1 | 165.6 | |
| September | 86.3 | 120.7 | 93.8 | 102.1 | 206.3 | |
| October | 87.4 | 100.6 | 91.1 | 97.1 | 172.9 | |
| November | 85.3 | 107.5 | 92.7 | 101.7 | 186.4 | |
| December | 85.1 | 123.7 | 94.4 | 101.8 | 214.8 | |
| 2017 | January | 116.7 | 50.4 | 97.6 | 103.4 | 90.0 |
| February | 119.6 | 63.2 | 100.2 | 102.7 | 112.6 | |
| March | 133.3 | 95.0 | 103.6 | 103.4 | 170.1 | |
| April | 122.1 | 90.3 | 100.9 | 97.4 | 160.1 | |