Construction output volume increased by 26.3% in May
The volume of construction output, based on raw data was 26.3% higher in May 2019 than a year earlier. The volume of output increased in both main groups of construction: in the construction of buildings by 27.0%, in civil engineering works by 25.7%. Based on seasonally and working day adjusted indices, construction output decreased by 0.6% compared to the April data.
In May 2019, 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 27.0%, in civil engineering works by 25.7%. In the construction of buildings, the increase was due to industrial constructions and warehouses; in civil engineering projects, road and railway constructions continued to generate the growth.
Out of the divisions of construction, output volume increased by 25.6% in the construction of buildings, by 23.5% in civil engineering, and in specialised construction activities by 28.7%.
The volume of new contracts decreased by 1.1%, within this the volume of new contracts concluded in the construction of buildings went down by 24.0%, in the construction of civil engineering works the volume grew by 11.9% year-on-year. High value contracts were signed mainly for road constructions.
The volume of the May month-end stock of contracts at construction enterprises decreased by 8.1% year-on-year. The stock of contracts volume increased by 38.4% for the construction of buildings and went down by 19.1% for the construction of civil engineering works compared to the end of May 2018 data.
In the first five months of the year, compared to the same period of the previous year:
The volume of output of construction grew by 40.4%.
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% | ||||
| 2015 | 103.0 | 100.0 | 100.2 | x | 2 171.7 | |
| 2016 | 81.2 | 81.1 | 80.5 | x | 1 812.7 | |
| 2017 | 129.7 | 105.2 | 103.6 | x | 2 491.5 | |
| 2018 | 122.3 | 128.6 | 127.1 | x | 3 347.0 | |
| 2018 | January | 141.5 | 66.0 | 123.8 | 103.6 | 138.1 |
| February | 124.1 | 72.6 | 114.3 | 92.3 | 151.4 | |
| March | 100.5 | 88.4 | 96.7 | 84.6 | 185.0 | |
| April | 114.4 | 94.0 | 109.5 | 113.2 | 198.4 | |
| May | 115.6 | 122.1 | 120.2 | 109.8 | 259.9 | |
| June | 126.1 | 146.8 | 127.8 | 106.3 | 314.8 | |
| July | 136.0 | 129.4 | 133.3 | 104.3 | 280.9 | |
| August | 125.6 | 153.2 | 137.5 | 103.1 | 331.6 | |
| September | 126.4 | 173.7 | 137.3 | 99.9 | 377.0 | |
| October | 118.4 | 151.9 | 138.2 | 100.6 | 336.3 | |
| November | 127.7 | 165.5 | 145.0 | 104.9 | 371.1 | |
| December | 117.5 | 179.1 | 141.9 | 97.9 | 402.5 | |
| 2019 | January | 124.0 | 81.9 | 152.4 | 107.4 | 189.6 |
| February | 147.0 | 106.8 | 165.1 | 108.3 | 246.1 | |
| March | 167.6 | 148.1 | 160.8 | 97.4 | 342.5 | |
| April | 140.1 | 131.7 | 154.3 | 96.0 | 306.5 | |
| May | 126.3 | 154.1 | 153.4 | 99.4 | 361.5 | |
| January-May | 140.4 | 124.5 | 157.2 | x | 1446.1 | |