Construction output volume increased by 32.9% in July
The volume of construction output, based on raw data was 32.9% higher in Julye 2019 than a year earlier. The volume of output increased in both main groups of construction: in the construction of buildings by 32.2%, in civil engineering works by 34.1%. Based on seasonally and working day adjusted indices, construction output increased by 9.6% compared to the June data.
In July 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 32.2%, in civil engineering works by 34.1%. In the construction of buildings, the increase was due to residential, cultural and industrial buildings; in civil engineering projects, road, railway and utility constructions generated the growth.
Out of the divisions of construction, output volume increased by 23.5% in the construction of buildings, by 38.0% in civil engineering, and in specialised construction activities by 36.5%.
The volume of new contracts decreased by 25.5%, within this the volume of new contracts concluded in the construction of buildings went up by 12.5%, in the construction of civil engineering works the volume lessened by 40.5% year-on-year.
The volume of the July month-end stock of contracts at construction enterprises decreased by 10.2% compared to the July 2018 data. The stock of contracts volume increased by 48.9% for the construction of buildings and decreased by 23.3% for the construction of civil engineering works compared to the end of July 2018 data.
In the first seven months of the year, compared to the same period of the previous year:
The volume of output of construction grew by 34.7%.
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% | ||||
| 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 | 121.3 | 127.5 | 126.0 | x | 3 321.3 | |
| 2018 | January | 141.3 | 66.0 | 123.6 | 104.1 | 137.9 |
| February | 121.5 | 71.1 | 113.0 | 91.5 | 148.2 | |
| March | 98.3 | 86.4 | 95.4 | 84.4 | 180.8 | |
| April | 113.6 | 93.3 | 108.8 | 114.0 | 197.0 | |
| May | 113.9 | 120.3 | 118.9 | 109.3 | 256.2 | |
| June | 123.9 | 144.2 | 128.0 | 107.7 | 309.2 | |
| July | 134.2 | 127.6 | 129.2 | 100.9 | 277.1 | |
| August | 124.7 | 152.1 | 136.1 | 105.3 | 329.3 | |
| September | 124.1 | 170.6 | 134.9 | 99.1 | 370.3 | |
| October | 119.3 | 153.0 | 137.8 | 102.2 | 338.8 | |
| November | 127.2 | 164.8 | 143.7 | 104.3 | 369.5 | |
| December | 118.8 | 181.0 | 141.9 | 98.8 | 406.9 | |
| 2019 | January | 123.3 | 81.4 | 151.3 | 106.6 | 188.3 |
| February | 146.2 | 104.0 | 163.1 | 107.8 | 239.5 | |
| March | 167.3 | 144.6 | 158.8 | 97.4 | 334.1 | |
| April | 139.5 | 130.1 | 152.8 | 96.2 | 302.7 | |
| May | 126.9 | 152.7 | 152.6 | 99.8 | 357.9 | |
| June | 120.3 | 173.4 | 155.4 | 101.8 | 409.7 | |
| July | 132.9 | 169.6 | 170.3 | 109.6 | 403.9 | |
| January–July | 134.7 | 136.6 | 157.8 | x | 2236.2 | |