Construction output volume increased by 17.8% in September
The volume of construction output, based on raw data was 17.8% higher in September 2019 than a year earlier. The volume of output increased in both main groups of construction: in the construction of buildings by 18.7% and in civil engineering works by 17.2%. Based on seasonally and working day adjusted indices, construction output increased by 5.2% compared to the August data. In the 3rd quarter construction producer prices increased by 9.5% compared to the same period of the previous year.
In September 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 18.7% and in civil engineering works by 17.2%. In the construction of buildings the increase was due to residential, cultural and industrial buildings, in civil engineering works road- and railway constructions generated the growth.
Out of the divisions of construction, output volume increased by 16.9% in the construction of buildings, by 21.1% in civil engineering. Output grew in specialised construction activities by 16.2%.
The volume of new contracts increased by 60.0%, within this the volume of new contracts concluded in the construction of buildings went up by 16.6%, in the construction of civil engineering works the volume grew by 98.8% year-on-year. High value contracts regarding road constructions and flood-prevention systems have been concluded in September.
The volume of the September month-end stock of contracts at construction enterprises decreased by 7.6% compared to the September 2018 data. The stock of contracts volume increased by 53.8% for the construction of buildings and decreased by 20.6% for the construction of civil engineering works.
In the first nine months of the year, compared to the same period of the previous year:
The volume of output of construction grew by 28.0%.
Construction Producer Prices:
In the 3rd quarter, within the divisions of construction, prices increased by 10.7% in the construction of buildings, by 8.8% in civil engineering works and by 9.3% in the greatest weight carrying specialized construction activities compared to the same period of the previous year.
Construction prices were 1.7% higher than in the previous quarter.
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 | 123.5 | 104.1 | 137.9 |
| February | 121.5 | 71.1 | 112.8 | 91.3 | 148.2 | |
| March | 98.3 | 86.4 | 94.9 | 84.2 | 180.8 | |
| April | 113.6 | 93.3 | 108.1 | 113.8 | 197.0 | |
| May | 113.9 | 120.3 | 118.2 | 109.3 | 256.2 | |
| June | 123.9 | 144.2 | 127.5 | 107.9 | 309.2 | |
| July | 134.2 | 127.6 | 128.0 | 100.4 | 277.1 | |
| August | 124.7 | 152.1 | 139.5 | 109.0 | 329.3 | |
| September | 124.1 | 170.6 | 135.8 | 97.3 | 370.3 | |
| October | 119.3 | 153.0 | 138.3 | 101.8 | 338.8 | |
| November | 127.2 | 164.8 | 144.0 | 104.1 | 369.5 | |
| December | 118.8 | 181.0 | 141.9 | 98.6 | 406.9 | |
| 2019 | January | 123.5 | 81.5 | 151.4 | 106.7 | 188.6 |
| February | 146.6 | 104.3 | 163.1 | 107.7 | 240.2 | |
| March | 167.5 | 144.8 | 158.0 | 96.9 | 334.6 | |
| April | 139.7 | 130.4 | 151.6 | 96.0 | 303.2 | |
| May | 126.9 | 152.8 | 151.0 | 99.6 | 358.0 | |
| June | 119.1 | 171.7 | 152.6 | 101.1 | 405.7 | |
| July | 133.3 | 170.1 | 168.5 | 110.4 | 404.7 | |
| August | 108.5 | 165.1 | 152.8 | 90.7 | 391.2 | |
| September | 117.8 | 201.0 | 160.7 | 105.2 | 477.9 | |
| January–September | 128.0 | 146.8 | 156.6 | x | 3104.0 | |