Construction output volume increased by 6.8% in November
The volume of construction output, based on raw data was 6.8% higher in November 2019 than a year earlier. The volume of output increased in both main groups of construction: in the construction of buildings by 8.0%, in civil engineering works by 5.7%. Based on seasonally and working day adjusted indices construction output decreased by 4.5% compared to the October data.
In November 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 8.0% and in civil engineering works by 5.7%. In the construction of buildings the increase was again due to residential, cultural and industrial buildings; in civil engineering projects road and railway constructions generated the growth.
Out of the divisions of construction, output volume decreased by 1.0% in the construction of buildings and increased by 7.9% in civil engineering. Specialised construction activities increased by 11.7%.
The volume of new contracts grew by 24.7%, within this the volume of new contracts concluded in the construction of buildings went up by 9.0%, in the construction of civil engineering works the volume grew by 36.5% year-on-year. High value contracts regarding road constructions and railway renovations have been concluded in November.
The volume of the November month-end stock of contracts at construction enterprises decreased by 8.3% compared to the November 2018 data. The stock of contracts volume increased by 46.4% for the construction of buildings and decreased by 20.1% for the construction of civil engineering works.
In the first eleven months of the year, compared to the same period of the previous year:
Construction output grew by 24.4%.
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 | 121.3 | 127.5 | 126.0 | x | 3 321.3 | |
2018 | January | 141.3 | 66.0 | 123.7 | 104.1 | 137.9 |
February | 121.5 | 71.1 | 112.9 | 91.3 | 148.2 | |
March | 98.3 | 86.4 | 94.9 | 84.1 | 180.8 | |
April | 113.6 | 93.3 | 108.0 | 113.8 | 197.0 | |
May | 113.9 | 120.3 | 118.1 | 109.3 | 256.2 | |
June | 123.9 | 144.2 | 127.3 | 107.8 | 309.2 | |
July | 134.2 | 127.6 | 127.8 | 100.3 | 277.1 | |
August | 124.7 | 152.1 | 139.2 | 108.9 | 329.3 | |
September | 124.1 | 170.6 | 135.4 | 97.3 | 370.3 | |
October | 119.3 | 153.0 | 137.0 | 101.2 | 338.8 | |
November | 127.2 | 164.8 | 146.3 | 106.7 | 369.5 | |
December | 118.8 | 181.0 | 142.2 | 97.2 | 406.9 | |
2019 | January | 123.5 | 81.5 | 151.7 | 106.7 | 188.6 |
February | 146.6 | 104.3 | 163.3 | 107.6 | 240.2 | |
March | 167.5 | 144.8 | 158.0 | 96.7 | 334.6 | |
April | 139.7 | 130.4 | 151.5 | 95.9 | 303.2 | |
May | 126.9 | 152.8 | 150.8 | 99.6 | 358.0 | |
June | 119.1 | 171.7 | 152.3 | 101.0 | 405.7 | |
July | 133.3 | 170.1 | 168.0 | 110.3 | 404.7 | |
August | 108.5 | 165.1 | 152.2 | 90.6 | 391.2 | |
September | 117.8 | 201.0 | 159.9 | 105.1 | 477.9 | |
October | 120.5 | 184.4 | 164.8 | 103.1 | 444.0 | |
November | 106.8 | 176.0 | 157.4 | 95.5 | 429.1 | |
January–November | 124.4 | 152.9 | 157.3 | x | 3977.1 |