Volume of construction output increased by 43.2% in January
The volume of construction output was 43.2% higher in January 2018 than a year earlier. Output increased in both main groups of constructions: by 48.4% in the construction of buildings and by 33.4% in civil engineering works. Based on seasonally and working day adjusted indices, construction output increased by 6.4% in January compared to the previous month.
In January 2018, compared to the same month of the previous year:
The volume of output increased in both main groups of constructions: by 48.4% in the construction of buildings and by 33.4% in civil engineering works.The growth in the former group is the result of – besides industrial buildings, – residential and educational buildings construction; the latter group’s , output grew as a result of expressway construction, railway refurbishment works and construction of utility projects.
Out of the divisions of construction, output increased by 59.4% in construction of buildings, by 22.5% in civil engineering and by 39.3% in specialised construction activities.
The volume of new contracts increased by 5.3% year on year, within this the volume of new contracts concluded grew by 35.0% in the construction of buildings and decreased by 33.5% in the construction of civil engineering works. Higher value contracts were concluded for residential buildings, hotels and industrial buildings.
At the end of January the month-end stock of contracts volume of construction enterprises was 108.5% higher year on year. The volume of the stock of contracts was 22.9% higher for the construction of buildings and 158.6% 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 | ||||
| 2015 = 100.0% | previous month = 100.0% | |||||
| 2015 | 103.0 | 100.0 | 100.0 | x | 2 171.7 | |
| 2016 | 81.2 | 81.1 | 81.1 | x | 1 812.7 | |
| 2017 | 129.6 | 105.1 | 105.1 | x | 2 494.8 | |
| 2017 | January | 117.1 | 46.4 | 88.3 | 101.4 | 90.3 |
| February | 119.3 | 57.8 | 92.2 | 104.4 | 112.3 | |
| March | 132.8 | 86.8 | 95.8 | 104.0 | 169.5 | |
| April | 121.8 | 82.6 | 94.0 | 98.1 | 159.7 | |
| May | 138.4 | 105.9 | 102.9 | 109.5 | 206.4 | |
| June | 125.0 | 114.2 | 102.0 | 99.2 | 223.7 | |
| July | 121.8 | 97.8 | 101.0 | 99.0 | 193.5 | |
| August | 136.9 | 122.1 | 111.7 | 110.6 | 240.2 | |
| September | 123.3 | 136.5 | 107.4 | 96.2 | 269.5 | |
| October | 139.3 | 128.6 | 115.0 | 107.0 | 257.6 | |
| November | 130.9 | 129.0 | 113.2 | 98.4 | 261.2 | |
| December | 135.0 | 153.2 | 117.7 | 104.0 | 310.9 | |
| 2018 | January | 143.2 | 66.4 | 125.2 | 106.4 | 140.7 |