Published on: 14 March 2019

Construction output volume increased by 29.1% in January

The volume of construction output, based on raw data, was 29.1% higher in January 2019 than a year earlier. The volume of output increased in both main groups of construction: in the construction of buildings by 28.2% and in civil engineering works by 32.2%. Based on seasonally and working day adjusted indices, construction output increased by 9.8% compared to the previous month.

In January 2019, 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 28.2% and in civil engineering works by 32.2%. In the construction of buildings, the increase was due to industrial and office buildings; in civil engineering projects, road and railway constructions continued to generate the growth.

Out of the divisions of construction, output volume increased by 24.5% in the construction of buildings, by 104.8% in civil engineering, and in specialised construction activities by 16.8%.

The volume of new contracts increased by 16.9%, within this the volume of new contracts concluded in the construction of buildings went up by 30.8%, in the construction of civil engineering works the volume declined by 24.0% year-on-year. Among buildings, contracts of high value were signed for industrial, cultural and sport facilities.

The volume of the January month-end stock of contracts at construction enterprises increased by 1.0% year-on-year. The stock of contracts volume decreased by 30.5% for the construction of buildings and went down by 7.4% for the construction of civil engineering works compared to the end of January 2018.

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%
2015103.0100.0100.0x2 171.7
201681.281.181.1x1 812.7
2017129.7105.2105.2x2 491.5
2018122.3128.6128.6x3 347.0
2018January141.566.0122.7102.3138.1
February124.172.6118.696.6151.4
March100.588.498.082.6185.0
April114.494.0108.2110.4198.4
May115.6122.1117.5108.7259.9
June126.1146.8126.9108.0314.8
July136.0129.4132.8104.6280.9
August125.6153.2136.9103.1331.6
September126.4173.7137.1100.2377.0
October118.4151.9138.3100.9336.3
November127.7165.5145.3105.1371.1
December117.5179.1142.798.2402.5
2019January129.185.3156.6109.8197.0