Published on: 15 June 2018

Volume of construction output increased by 14.2% in April

The volume of construction output was 14.2% higher in April 2018 than a year earlier based on raw data. Output increased in both main groups of construction: in the construction of buildings by 7.0% and in civil engineering works by 24.9%. Based on seasonally and working day adjusted indices, construction output increased by 6.5% in April compared to the previous month.

In April 2018, 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 7.0% and in civil engineering works by 24.9%. In the construction of buildings group the increase was due to industrial constructions; in civil engineering it was due to road, - railway- and utility projects construction.

Out of the divisions of construction, output increased by 22.8% in the construction of buildings, by 23.7% in civil engineering and specialised construction activities grew by 2.7%.

The volume of new contracts rose by 47.0%, within this the volume of new contracts concluded in the construction of buildings increased by 35.4% and in the construction of civil engineering works by 54.5%. In April high value contracts were concluded - beside for office buidings, - for industrial and educational buildings construction. Within civil engineering works new contracts for utility and sewage plant constructions were significant.

At the end of April the volume of month-end stock of contracts at construction enterprises was 79.3% higher year on year. The volume of the stock of contracts was 3.8% higher for the construction of buildings and 115.6% higher for the construction of civil engineering works than a year earlier.

In January-April 2018, compared to the same period of the previous year:

Construction production rose by 17.5%.

Output of construction

Period Output of construction
volume indices value at current prices, billion HUF
original seasonally and working day adjusted
corresponding period of previous year =100.0% 2015 = 100.0% previous month = 100.0%
2015103.0100.0100.0x2 171.7
201681.281.181.1x1 812.7
2017129.6105.1105.1x2 494.8
2017January117.146.487.1101.890.3
February119.357.892.0105.6112.3
March132.886.8100.4109.1169.5
April121.882.695.695.3159.7
May138.4105.9104.0108.7206.4
June125.0114.2102.698.7223.7
July121.897.8100.898.2193.5
August136.9122.1111.4110.5240.2
September123.3136.5106.695.6269.5
October139.3128.6113.3106.3257.6
November130.9129.0110.897.8261.2
December135.0153.2114.8103.6310.9
2018January142.666.1122.0106.2140.3
February126.473.1115.694.8154.6
March101.488.0103.689.6186.8
April114.294.3110.3106.5199.1
January-April117.580.4112.9x680.8