Volume of construction output increased by 26.0% in February
The volume of construction output was 26.0% higher in February 2018 than a year earlier. Output increased in both main groups of constructions: in the construction of buildings by 19.8% and in civil engineering works by 40.1%. Based on seasonally and working day adjusted indices, construction output decreased by 5.0% in February compared to the previous month.
In February 2018, compared to the same month of the previous year:
The volume of output increased in both main groups of constructions: by 19.8% in the construction of buildings and by 40.1% in civil engineering works.The growth in the former group – beside industrial buildings construction , – is the result of construction of residential and educational buildings; the latter group’s output grew as a result of expressway construction as well as railway refurbishment works and construction of utility projects.
Out of the divisions of construction, output increased by 24.9% in the construction of buildings, by 44.9% in civil engineering and by 21.4% in specialised construction activities.
The volume of new contracts increased by 0.7% year on year, within this the volume of new contracts concluded decreased by 45.9% in the construction of buildings and grew by 51.4% in the construction of civil engineering works. In February high value contracts were concluded primarily for public road development works.
At the end of February the volume of month-end stock of contracts at construction enterprises was 92.4% higher year on year. The volume of the stock of contracts was 4.3% higher for the construction of buildings and 145.4% higher for the construction of civil engineering works than a year earlier.
In January-February 2018, compared to the same period of the previous year:
Construction production rose by 33.5%.
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 | 88.1 | 101.6 | 90.3 |
February | 119.3 | 57.8 | 93.4 | 106.1 | 112.3 | |
March | 132.8 | 86.8 | 96.1 | 102.9 | 169.5 | |
April | 121.8 | 82.6 | 94.1 | 97.9 | 159.7 | |
May | 138.4 | 105.9 | 103.0 | 109.5 | 206.4 | |
June | 125.0 | 114.2 | 102.1 | 99.1 | 223.7 | |
July | 121.8 | 97.8 | 100.9 | 98.8 | 193.5 | |
August | 136.9 | 122.1 | 111.5 | 110.6 | 240.2 | |
September | 123.3 | 136.5 | 107.2 | 96.1 | 269.5 | |
October | 139.3 | 128.6 | 114.5 | 106.9 | 257.6 | |
November | 130.9 | 129.0 | 112.6 | 98.3 | 261.2 | |
December | 135.0 | 153.2 | 117.0 | 103.9 | 310.9 | |
2018 | January | 143.2 | 66.2 | 124.4 | 106.3 | 140.4 |
February | 126.0 | 72.9 | 118.2 | 95.0 | 153.9 | |
January-February | 133.5 | 69.5 | 121.3 | x | 294.2 |