Construction output volume increased by 27.3% in November
The volume of construction output, based on raw data, was 27.3% higher in November 2018 than a year earlier. Output increased in both main groups of construction: in the construction of buildings by 17.8% and in civil engineering works by 40.2%. Based on seasonally and working day adjusted indices construction output increased by 4.4% compared to the previous month.
In November 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 17.8% and in civil engineering works by 40.2%. In the construction of buildings the increase was due to industrial, commercial and dwelling constructions; in civil engineering projects road, railway and utility constructions continued to generate the growth.
Out of the divisions of construction, output increased by 26.5% in the construction of buildings, by 54.5% in civil engineering, and in specialised construction activities by 12.8%.
The volume of new contracts increased by 30.4%; within this the volume of new contracts concluded in the construction of buildings went up by 14.0%, in the construction of civil engineering works the volume increased by 45.6% year-on-year. In November contracts of high value were singed for industrial bildings as well as for road and railway constructions.
The volume of the November month-end stock of contracts at construction enterprises increased by 37.9% year-on-year. The stock of contracts volume decreased by 4.0% for the construction of buildings and increased by 51.6% for the construction of civil engineering works compared to the November 2017 data.
In January-November 2018 compared to the same period of the previous year:
Construction production rose by 22.9%.
Output of construction
| Period | Output of construction | |||||
|---|---|---|---|---|---|---|
| volume indices | value at current prices, billion HUF | |||||
| original | seasonally and working day adjusted | |||||
| corresponding period of the 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 | 117.9 | 46.7 | 88.0 | 102.1 | 89.7 |
| February | 120.7 | 58.5 | 93.6 | 106.4 | 112.1 | |
| March | 134.6 | 87.9 | 102.4 | 109.4 | 169.3 | |
| April | 121.0 | 82.1 | 96.8 | 94.5 | 158.7 | |
| May | 137.9 | 105.6 | 103.9 | 107.3 | 205.8 | |
| June | 127.5 | 116.4 | 102.1 | 98.3 | 228.0 | |
| July | 118.4 | 95.1 | 97.4 | 95.4 | 188.0 | |
| August | 136.7 | 122.0 | 109.1 | 112.0 | 240.0 | |
| September | 124.2 | 137.4 | 106.5 | 97.7 | 271.3 | |
| October | 139.0 | 128.3 | 113.8 | 106.8 | 256.9 | |
| November | 131.4 | 129.5 | 110.9 | 97.4 | 262.3 | |
| December | 134.4 | 152.4 | 115.2 | 103.9 | 309.3 | |
| 2018 | January | 141.5 | 66.0 | 122.6 | 106.4 | 138.1 |
| February | 124.1 | 72.6 | 116.4 | 95.0 | 151.4 | |
| March | 100.5 | 88.4 | 105.9 | 91.0 | 184.9 | |
| April | 114.4 | 94.0 | 113.3 | 107.0 | 198.4 | |
| May | 115.6 | 122.1 | 120.6 | 106.4 | 259.9 | |
| June | 126.3 | 146.9 | 128.2 | 106.3 | 315.1 | |
| July | 136.1 | 129.4 | 132.2 | 103.1 | 281.0 | |
| August | 125.7 | 153.2 | 135.3 | 102.4 | 331.7 | |
| September | 125.8 | 172.9 | 133.9 | 99.0 | 375.3 | |
| October | 118.5 | 152.0 | 134.7 | 100.5 | 336.3 | |
| November | 127.3 | 164.9 | 140.6 | 104.4 | 369.7 | |
| January–November | 122.9 | 123.9 | 125.8 | x | 2 941.8 | |