Construction output volume increased by 15.1% in May
The volume of construction output was 15.1% higher in May 2018 than a year earlier based on raw data. Output increased in both main groups of construction: in the construction of buildings by 8.8% and in civil engineering works by 23.7%. Based on seasonally and working day adjusted indices, construction output increased by 6.1% in May compared to the previous month.
In May 2018, compared to the same month of the previous year:
The volume of output increased in both main groups of construction: in the construction of buildings by 8.8% and in civil engineering works by 23.7%. In the construction of buildings group the increase was due to industrial constructions; in civil engineering it was due to road, - railway- and utility projects construction.
Out of the divisions of construction, output increased by 7.4% in the construction of buildings, by 26.3% in civil engineering, and specialised construction activities grew by 13.1%.
The volume of new contracts decreased by 10.7%, within this the volume of new contracts concluded in the construction of buildings increased by 33.0% whereas in the construction of civil engineering works decreased by 24.4%. In May high value new contracts were concluded - beside for office buidings, - for industrial and educational buildings construction.
At the end of May the volume of month-end stock of contracts at construction enterprises was 67.4% higher year-on-year. The volume of the stock of contracts was 9.3% higher for the construction of buildings and 91.1% higher for the construction of civil engineering works than a year earlier.
In January-May 2018, compared to the same period of the previous year:
Construction production rose by 16.9%.
Output of construction
Period | Output of construction | |||||
---|---|---|---|---|---|---|
volume indices | value at current prices, billion HUF | |||||
original | seasonally and working day adjusted | |||||
corresponding period of previous year =100.0% | 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 | 87.2 | 101.7 | 90.3 |
February | 119.3 | 57.8 | 92.2 | 105.6 | 112.3 | |
March | 132.8 | 86.8 | 100.7 | 109.3 | 169.5 | |
April | 121.8 | 82.6 | 96.0 | 95.3 | 159.7 | |
May | 138.4 | 105.9 | 102.7 | 107.0 | 206.4 | |
June | 125.0 | 114.2 | 102.4 | 99.7 | 223.7 | |
July | 121.8 | 97.8 | 100.7 | 98.4 | 193.5 | |
August | 136.9 | 122.1 | 111.3 | 110.5 | 240.2 | |
September | 123.3 | 136.5 | 106.5 | 95.7 | 269.5 | |
October | 139.3 | 128.6 | 113.4 | 106.5 | 257.6 | |
November | 130.9 | 129.0 | 111.1 | 97.9 | 261.2 | |
December | 135.0 | 153.2 | 115.1 | 103.6 | 310.9 | |
2018 | January | 142.6 | 66.1 | 122.2 | 106.2 | 140.3 |
February | 126.4 | 73.1 | 116.1 | 95.0 | 154.6 | |
March | 101.4 | 88.0 | 104.3 | 89.8 | 186.8 | |
April | 114.2 | 94.3 | 111.1 | 106.5 | 199.1 | |
May | 115.1 | 122.0 | 117.8 | 106.1 | 259.5 | |
January-May | 116.9 | 88.7 | 114.3 | x | 940.3 |