Published on: 15 June 2020

Construction output volume decreased by 2.1% in April

The volume of construction output, based on raw data, was 2.1% lower in April 2020 compared to the high base of the previous year. Output of the two main groups of construction decreased: in the construction of buildings by 1.4%, in civil engineering by 2.8%. Based on seasonally and working day adjusted indices construction output lessened by 1.3% compared to the March data.

In April 2020, compared to the same month of the previous year:

The volume of output decreased in both main groups of construction: in the construction of buildings by 1.4% and in civil engineering by 2.8% compared to the high base of last year.

Out of the divisions of construction, output volume went down by 2.2% in the construction of buildings, by 3.4% in civil engineering while specialised construction activities lessened by 0.8%.

The volume of new contracts increased by 3.9%, within it the volume of new contracts concluded for the construction of buildings was 4.7% higher, the volume for civil engineering works was 3.2% higher than one year earlier.

The volume of the April end-of –month stock of contracts at construction enterprises was 15.4% lower than at the end of April 2019. The volume of contracts increased by 5.9% for the construction of buildings and decreased by 24.3% for civil engineering works.

In the first four months of 2020, compared to the same period of the previous year:

Construction output lessened by 0.7%.

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
2017129.7105.2103.5x2 491.5
2018121.3127.5126.0x3 321.3
2019121.7155.6156.0x4 430.4
2019January123.881.7153.4106.2189.0
February140.6100.0156.5102.0230.4
March167.4144.7159.4101.9334.3
April139.7130.3154.096.6303.1
May127.3153.2151.498.3359.0
June119.2171.9152.1100.5406.1
July133.5170.4167.2109.9405.3
August108.7165.4151.190.4392.0
September118.2201.7158.4104.8479.5
October120.8184.8162.5102.6445.3
November107.3176.8155.095.4431.5
December102.7185.9150.196.8454.9
2020January99.080.9152.6101.7199.6
February105.3105.3162.7106.7263.3
March96.6139.8154.394.8350.5
April97.9127.6152.298.7319.8
January–April99.3113.4155.4x1136.8