27.2% increase in the volume of construction output
The volume of construction output was 27.2% higher in June 2017 than the low base a year earlier. Output increased in both main groups of constructions: by 26.1% in the construction of buildings and by 29.6% in that of civil engineering works. Based on seasonally and working day adjusted indices, construction output expanded by 1.1% in June compared to the previous month. In the second quarter, construction producer prices rose by 4.6% compared to the same period of the previous year.
In June 2017, compared to the same month of the previous year:
The volume of output rose in both main groups of constructions: by 26.1% in the construction of buildings and by 29.6% 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 June 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 17.8% in the division of the construction of buildings, by 29.1% in civil engineering and by 33.4% in specialised construction activities.
The volume of new contracts increased by 39.6% compared to the same period of the previous year, within this, the volume of new contracts concluded grew by 26.8% for the construction of buildings and by 47.9% for the construction of civil engineering works. Growth in civil engineering works was the result of contracts signed for road construction and railway development.
At the end of June, the month-end volume of the stock of contracts of construction enterprises was 94.5% higher than the previous year's low base. The volume of the stock of contracts was 41.0% higher for the construction of buildings and 126.8% higher for the construction of civil engineering works than a year earlier.
In January–June 2017, compared to the same period of the previous year:
The volume of construction output grew by 27.0% compared to a year earlier.
Construction Producer Prices:
In the second quarter, within the divisions of construction, prices increased by 7.8% in the construction of buildings, by 2.6% in civil engineering and by 4.5% in specialized construction activities representing the greatest weight in construction compared to the same period of the previous year.
Construction prices increased quarter-on-quarter by 1.4%.
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 | 84.2 | 75.9 | 72.2 |
| February | 78.9 | 52.9 | 84.8 | 100.7 | 88.1 | |
| March | 65.4 | 71.3 | 78.6 | 92.7 | 119.4 | |
| April | 70.9 | 74.0 | 83.1 | 105.8 | 124.7 | |
| May | 73.5 | 83.5 | 81.7 | 98.3 | 142.2 | |
| June | 82.8 | 99.6 | 88.2 | 108.0 | 170.2 | |
| July | 83.1 | 87.6 | 87.9 | 99.6 | 149.8 | |
| August | 90.3 | 97.2 | 91.6 | 104.3 | 165.6 | |
| September | 86.3 | 120.7 | 93.7 | 102.3 | 206.3 | |
| October | 87.4 | 100.6 | 91.2 | 97.3 | 172.9 | |
| November | 85.3 | 107.5 | 93.0 | 101.9 | 186.4 | |
| December | 85.1 | 123.7 | 94.9 | 102.1 | 214.8 | |
| 2017 | January | 116.7 | 50.4 | 98.3 | 103.5 | 90.0 |
| February | 119.6 | 63.2 | 101.2 | 102.9 | 112.6 | |
| March | 133.3 | 95.0 | 104.8 | 103.6 | 170.1 | |
| April | 122.1 | 90.3 | 102.3 | 97.6 | 160.1 | |
| May | 135.4 | 113.1 | 110.0 | 107.6 | 202.0 | |
| June | 127.2 | 126.7 | 111.2 | 101.1 | 227.6 | |