30.7% increase in the volume of construction output
The volume of construction output was 30.7% higher in November 2017 than the low base a year earlier. Output increased in both main groups of constructions: by 29.1% in the construction of buildings and by 33.9% in that of civil engineering works. Based on seasonally and working day adjusted indices, construction output fell by 1.4% in November compared to the previous month.
In November 2017, compared to the same month of the previous year:
The volume of output rose in both main groups of constructions: by 29.1% in the construction of buildings and by 33.9% in that of civil engineering works. In November, the growth in the former group was the result not only of the construction of industrial buildings, but of residential and educational buildings, in case of the latter group, the output - along with the low base - grew as a result of the construction of expressways and railway refurbishment works.
Out of the divisions of construction, output increased by 34.7% in the division of the construction of buildings, by 40.2% in civil engineering and by 23.8% in specialised construction activities.
The volume of new contracts increased by 11.7% compared to the same period of the previous year, within this, the volume of new contracts concluded decreased by 8.2% for the construction of buildings and grew by 43.4% for the construction of civil engineering works. New contracts were concluded mainly for road construction and railway development.
At the end of November, the month-end volume of the stock of contracts of construction enterprises was 110.3% higher than the previous year's low base. The volume of the stock of contracts was 30.2% higher for the construction of buildings and 161.6% higher for the construction of civil engineering works than a year earlier.
In January–November 2017, compared to the same period of the previous year:
The volume of construction output grew by 28.7% 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 | 84.2 | 76.0 | 72.2 |
| February | 78.9 | 52.9 | 84.9 | 100.9 | 88.1 | |
| March | 65.4 | 71.3 | 78.8 | 92.8 | 119.4 | |
| April | 70.9 | 74.0 | 83.4 | 105.8 | 124.7 | |
| May | 73.5 | 83.5 | 82.1 | 98.4 | 142.2 | |
| June | 82.8 | 99.6 | 88.7 | 108.1 | 170.2 | |
| July | 83.1 | 87.6 | 89.1 | 100.5 | 149.8 | |
| August | 90.3 | 97.2 | 89.7 | 100.6 | 165.6 | |
| September | 86.3 | 120.7 | 94.1 | 105.0 | 206.3 | |
| October | 87.4 | 100.6 | 89.8 | 95.4 | 172.9 | |
| November | 85.3 | 107.5 | 92.9 | 103.4 | 186.4 | |
| December | 85.1 | 123.7 | 94.8 | 102.0 | 214.8 | |
| 2017 | January | 117.1 | 50.5 | 98.3 | 103.8 | 90.3 |
| February | 119.3 | 63.1 | 101.4 | 103.1 | 112.3 | |
| March | 132.8 | 94.7 | 105.2 | 103.8 | 169.5 | |
| April | 121.8 | 90.1 | 102.9 | 97.8 | 159.7 | |
| May | 138.3 | 115.5 | 110.9 | 107.8 | 206.4 | |
| June | 125.0 | 124.5 | 112.3 | 101.3 | 223.7 | |
| July | 121.4 | 106.4 | 110.0 | 98.0 | 192.9 | |
| August | 136.8 | 133.0 | 121.0 | 110.0 | 240.1 | |
| September | 123.8 | 149.4 | 116.5 | 96.2 | 270.5 | |
| October | 138.1 | 138.9 | 123.4 | 105.9 | 255.2 | |
| November | 130.7 | 140.5 | 121.6 | 98.6 | 260.9 | |