Published on: 16 October 2019

Construction output volume increased by 5.9% in August

The volume of construction output, based on raw data was 5.9% higher in August 2019 than a year earlier. The volume of output of the two main groups of construction developed inversely: in the construction of buildings it grew by 14.1%, in civil engineering works lessened by 3.5%. Based on seasonally and working day adjusted indices, construction output decreased by 10.5% compared to the July data.

In August 2019, compared to the same month of the previous year:

The volume of output of the two main groups of construction developed inversely: in the construction of buildings it grew by 14.1%, in civil engineering works lessened by 3.5%. In the construction of buildings the increase was due to residential, cultural and industrial buildings.

Out of the divisions of construction, output volume increased by 17.7% in the construction of buildings, went down by 0.2% in civil engineering, and grew in specialised construction activities by 2.7%.

The volume of new contracts increased by 3.2%, within this the volume of new contracts concluded in the construction of buildings went down by 2.5%, in the construction of civil engineering works the volume grew by 10.1% year-on-year.

The volume of the August month-end stock of contracts at construction enterprises decreased by 12.1% compared to the August 2018 data. The stock of contracts volume increased by 49.8% for the construction of buildings and decreased by 25.6% for the construction of civil engineering works.

In the first eight months of the year, compared to the same period of the previous year:

The volume of output of construction grew by 29.6%.

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%
2015103.0100.0100.2x2 171.7
201681.281.180.5x1 812.7
2017129.7105.2103.6x2 491.5
2018121.3127.5126.1x3 321.3
2018January141.366.0123.6104.2137.9
February121.571.1112.991.3148.2
March98.386.494.984.1180.8
April113.693.3108.1113.8197.0
May113.9120.3118.1109.3256.2
June123.9144.2127.1107.6309.2
July134.2127.6128.0100.7277.1
August124.7152.1140.3109.6329.3
September124.1170.6135.696.7370.3
October119.3153.0138.3102.0338.8
November127.2164.8143.9104.1369.5
December118.8181.0141.898.5406.9
2019January123.381.4151.3106.6188.3
February146.2104.0162.7107.6239.5
March167.3144.6157.796.9334.1
April139.5130.1151.395.9302.7
May126.9152.7150.899.7357.9
June120.3173.4153.3101.7409.7
July132.9169.6168.0109.5403.9
August105.9161.1150.389.5382.3
January–August129.6139.6155.7x2618.5