Construction output volume increased by 28.2% in June
The volume of construction output was 28.2% higher in June 2018 than a year earlier based on raw data. Output increased in both main groups of construction: in the construction of buildings by 15.2% and in civil engineering works by 48.8%. Based on seasonally and working day adjusted indices, construction output increased by 7.2% in June compared to the previous month. In the second quarter construction producer prices increased by 9.2% compared to the same period of the previous year.
In June 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 15.2% and in civil engineering works by 48.8%. In the construction of buildings group the increase was due to educational, industrial, commercial and dwelling constructions; in civil engineering it was due to road, - railway- and utility projects’ construction.
Out of the divisions of construction, output increased by 30.8% in the construction of buildings, by 54.5% in civil engineering, and specialised construction activities grew by 12.6%.
The volume of new contracts increased by 0.6%, within this the volume of new contracts concluded in the construction of buildings decreased by 12.1% whereas in the construction of civil engineering works it increased by 8.1%. In June high value new contracts were concluded for development of traffic infrastructure.
At the end of June the volume of month-end stock of contracts at construction enterprises was 62.1% higher year-on-year. The volume of the stock of contracts was 7.5% higher for the construction of buildings and 82.9% higher for the construction of civil engineering works than a year earlier.
In January-June 2018, compared to the same period of the previous year:
Construction production rose by 19.1%.
Construction Producer Prices:
Within the divisions of construction in the 2nd quarter prices increased by 11.7% in the construction of buildings, by 6.9% in civil engineering and by 9.3% in the greatest weight carrying specialized construction activities compared to the same period of the previous year.
Construction prices increased quarter-on-quarter by 2.3%.
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 | 105.2 | x | 2 491.5 | |
| 2017 | January | 129.7 | 105.2 | 87.9 | 102.0 | 89.7 |
| February | 117.9 | 46.7 | 93.4 | 106.3 | 112.1 | |
| March | 120.7 | 58.5 | 102.0 | 109.2 | 169.3 | |
| April | 134.6 | 87.9 | 96.4 | 94.5 | 158.7 | |
| May | 121.0 | 82.1 | 103.3 | 107.1 | 205.8 | |
| June | 137.9 | 105.6 | 100.9 | 97.7 | 228.0 | |
| July | 127.5 | 116.4 | 98.7 | 97.9 | 188.0 | |
| August | 118.4 | 95.1 | 110.7 | 112.2 | 240.0 | |
| September | 136.7 | 122.0 | 106.7 | 96.4 | 271.3 | |
| October | 124.2 | 137.4 | 113.3 | 106.1 | 256.9 | |
| November | 139.0 | 128.3 | 111.6 | 98.5 | 262.3 | |
| December | 131.4 | 129.5 | 115.2 | 103.2 | 309.3 | |
| 2018 | January | 134.4 | 152.4 | 122.3 | 106.2 | 138.2 |
| February | 141.6 | 66.1 | 116.0 | 94.8 | 151.4 | |
| March | 124.2 | 72.7 | 105.5 | 90.9 | 185.4 | |
| April | 100.7 | 88.6 | 112.3 | 106.5 | 198.0 | |
| May | 114.2 | 93.7 | 119.3 | 106.2 | 259.4 | |
| June | 115.3 | 121.8 | 127.9 | 107.2 | 320.1 | |
| January–June | 128.2 | 149.3 | 117.2 | x | 1 252.4 | |