Construction output volume decreased by 13.6% in one year, and increased by 1.9% compared to the previous month
The volume of construction output based on raw data was 13.6% lower in August 2020 compared to the previous year. Output decreased in both main groups of construction: in the construction of buildings by 17.1%, in civil engineering by 8.9%. Based on seasonally and working day adjusted indices construction output increased by 1.9% compared to the July data and by 11.1% in comparison with the nadir of May.
In August 2020, compared to the same month of the previous year:
The volume of output decreased in both main groups of construction: in the construction of buildings by 17.1% and in civil engineering by 8.9%.
Out of the divisions of construction, output went down by 26.4% in the construction of buildings, by 13.0% in civil engineering, specialised construction activities lessened by 3.1%.
The volume of new contracts concluded increased by 6.0%, within it the volume of new contracts for the construction of buildings rose by 16.5%, the volume regarding civil engineering works dropped by 5.5%.
The volume of the August end-of –month stock of contracts at construction enterprises was 18.4% lower than at the end of August 2019. The volume of contracts increased by 11.4% for the construction of buildings and decreased by 30.4% for civil engineering works compared to the previous year.
In the first eight months of 2020, compared to the same period of the previous year:
Construction output lessened by 10.4%.
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% | ||||
| 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 | 126.1 | x | 3 321.3 | |
| 2019 | 120.4 | 153.9 | 155.3 | x | 4 381.6 | |
| 2019 | January | 129.1 | 85.1 | 157.5 | 109.3 | 197.0 |
| February | 141.1 | 100.4 | 155.4 | 98.7 | 231.1 | |
| March | 163.3 | 141.1 | 160.2 | 103.1 | 326.2 | |
| April | 141.3 | 131.9 | 152.9 | 95.4 | 306.7 | |
| May | 125.0 | 150.4 | 148.2 | 97.0 | 352.5 | |
| June | 117.9 | 170.0 | 150.9 | 101.8 | 401.5 | |
| July | 131.1 | 167.3 | 166.8 | 110.5 | 397.9 | |
| August | 108.9 | 165.6 | 153.7 | 92.2 | 392.5 | |
| September | 114.4 | 195.1 | 155.8 | 101.3 | 463.9 | |
| October | 118.5 | 181.3 | 160.8 | 103.3 | 437.0 | |
| November | 104.4 | 172.0 | 152.2 | 94.6 | 419.9 | |
| December | 102.8 | 186.2 | 149.5 | 98.2 | 455.5 | |
| 2020 | January | 95.0 | 80.8 | 149.8 | 100.2 | 203.2 |
| February | 106.1 | 106.5 | 162.2 | 108.2 | 266.2 | |
| March | 98.0 | 138.4 | 150.5 | 92.8 | 346.9 | |
| April | 98.7 | 130.1 | 150.9 | 100.3 | 325.9 | |
| May | 81.5 | 122.6 | 120.7 | 79.9 | 309.5 | |
| June | 84.3 | 143.3 | 127.5 | 105.7 | 364.8 | |
| July | 79.0 | 132.1 | 131.6 | 103.2 | 336.3 | |
| August | 86.4 | 143.1 | 134.1 | 101.9 | 362.6 | |
| January–August | 89.6 | 124.6 | 140.9 | x | 2 515.4 | |