Published on: 16 March 2020

Construction output volume decreased by 2.5% in January

The volume of construction output, based on raw data was 2.5% lower in January 2020 than a year earlier. The two main groups of construction developed inversely: in the construction of buildings production went down by 4.4%, in civil engineering works it grew by 1.5%. Based on seasonally and working day adjusted indices construction output increased by 0.9% compared to the December data.

In January 2020, 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 decreased by 4.4%, in civil engineering grew by 1.5%.

Output volume lessened in all divisions of construction. Production decreased in the construction of buildings by 0.8%, and by 1.0% in civil engineering. Specialised construction output decreased by 4.0%.

The volume of new contracts rose by 8.2%, within it the volume of new contracts concluded for the construction of buildings was 13.8% higher, and for civil engineering was 22.0% lower than one year earlier. High-value contracts regarding industrial buildings and railway renovation were concluded in January.

The volume of the end of January stock of contracts at construction enterprises was 14.7% lower than at the end of January 2019. The volume of contracts increased by 9.3% for the construction of buildings and was 24.5% less for civil engineering works.

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%
201681,281,180,5x1 812,7
2017129,7105,2103,6x2 491,5
2018121,3127,5126,0x3 321,3
2019121,7155,6156,0x4 430,4
2019.January123,881,7154,5106,8189,0
February140,6100,0160,1103,6230,4
March167,4144,7158,198,8334,3
April139,7130,3151,395,7303,1
May127,3153,2150,799,6359,0
June119,2171,9151,7100,7406,1
July133,5170,4167,0110,1405,3
August108,7165,4151,090,4392,0
September118,2201,7158,4104,9479,5
October120,8184,8162,7102,7445,3
November107,3176,8155,395,4431,5
December102,7185,9150,396,8454,9
2020.January97,579,7151,8100,9199,6