Construction output volume increased by 5.0% in one year, and by 12.1% compared to the previous month
The volume of construction output in November 2020, based on raw data, surpassed the previous year’s level by 5.0%. Output increased in both main groups of construction: in the construction of buildings by 7.7%, in civil engineering by 2.2%. Based on seasonally and working day adjusted indices construction output increased by 12.1% compared to the October data, since June each month’s output was higher than the previous one’s, in November it surpassed the nadir of May by 27.3%.
In November 2020, compared to the same month of the previous year:
Output increased in both main groups of construction: in the construction of buildings by 7.7% and in civil engineering by 2.2%.
Out of the divisions of construction, output expanded by 4.7% in the construction of buildings, by 1.4% in civil engineering, and in specialised construction activities by 7.9%.
The volume of new contracts concluded increased by 55.5%, within it the volume of new contracts for the construction of buildings grew by 87.1%, the volume regarding civil engineering works rose by 35.5%.
The volume of the November end-of –month stock of contracts at construction enterprises was 2.7% higher than at the end of November 2019. The volume of contracts increased by 53.8% for the construction of buildings and decreased by 15.0% for civil engineering works compared to the previous year.
In the first eleven months of 2020, compared to the same period of the previous year:
Construction output lessened by 9.9%.
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% | ||||
| 2016 | 81.2 | 81.1 | 80.5 | x | 1 812.7 | |
| 2017 | 129.7 | 105.2 | 103.6 | x | 2 491.5 | |
| 2018 | 121.3 | 127.5 | 126.1 | x | 3 321.3 | |
| 2019 | 120.4 | 153.9 | 155.4 | x | 4 381.6 | |
| 2019 | January | 129.1 | 85.1 | 157.3 | 109.5 | 197.0 |
| February | 141.1 | 100.4 | 155.3 | 98.8 | 231.1 | |
| March | 163.3 | 141.1 | 160.0 | 103.0 | 326.2 | |
| April | 141.3 | 131.9 | 152.6 | 95.3 | 306.7 | |
| May | 125.0 | 150.4 | 147.9 | 96.9 | 352.5 | |
| June | 117.9 | 170.0 | 151.2 | 102.2 | 401.5 | |
| July | 131.1 | 167.3 | 166.9 | 110.4 | 397.9 | |
| August | 108.9 | 165.6 | 153.5 | 92.0 | 392.5 | |
| September | 114.4 | 195.1 | 158.2 | 103.0 | 463.9 | |
| October | 118.5 | 181.3 | 163.9 | 103.6 | 437.0 | |
| November | 104.4 | 172.0 | 148.8 | 90.8 | 419.9 | |
| December | 102.8 | 186.2 | 148.8 | 100.0 | 455.5 | |
| 2020 | January | 95.0 | 80.8 | 149.3 | 100.3 | 203.1 |
| February | 105.9 | 106.2 | 161.6 | 108.2 | 265.6 | |
| March | 97.8 | 138.0 | 149.9 | 92.7 | 346.1 | |
| April | 98.6 | 130.1 | 150.4 | 100.3 | 325.8 | |
| May | 82.5 | 124.1 | 121.7 | 80.9 | 313.3 | |
| June | 83.9 | 142.6 | 127.1 | 104.5 | 362.9 | |
| July | 78.8 | 131.9 | 131.4 | 103.4 | 335.4 | |
| August | 86.5 | 143.3 | 134.0 | 102.0 | 362.9 | |
| September | 85.3 | 166.4 | 136.1 | 101.6 | 423.1 | |
| October | 83.8 | 151.9 | 138.3 | 101.6 | 389,4 | |
| November | 105.0 | 180.7 | 154.9 | 112.1 | 469.1 | |
| January–November | 90.1 | 136.0 | 141.4 | x | 3796.7 | |