Construction output volume decreased by 0.3% in one year, and by 3.1% compared to the previous month
The volume of construction output in December 2020, based on raw data, was 0.3% lower compared to the previous year. Output of the two main groups of construction developed inversely: in the construction of buildings it grew by 15.1%, in civil engineering works went down by 16.5%. Based on seasonally and working day adjusted indices construction output decreased by 3.1% compared to the November data, in December it surpassed the nadir of May by 22.2%. In 2020 construction output lessened by 9.1% compared to 2019. In the year as a whole, construction output prices were 7.4% higher on average than in the previous year.
In December 2020, compared to the same month of the previous year:
The output of the two main groups of construction developed inversely: the construction of buildings rose by 15.1% and civil engineering fell by 16.5%.
Out of the divisions of construction, output volume increased by 0.8% in the construction of buildings it went down by 19.1% in civil engineering while specialised construction activities grew by 13.1%.
The volume of new contracts concluded increased by 6.1%, within it the volume of new contracts for the construction of buildings grew by 3.5%, the volume regarding civil engineering works rose by 8.8%.
The volume of the November end-of –month stock of contracts at construction enterprises was 7.8% higher than at the end of December 2019. The volume of contracts increased by 60.8% for the construction of buildings and decreased by 11.0% for civil engineering works compared to the previous year.
In the entire year, compared to the previous one:
Construction output lessened by 9.1%, within it the construction of buildings was down by 5.7% and civil engineering by 13.1%.
Construction Producer Prices:
In the 4th quarter, construction producer prices rose by 6.3% compared to the same period of the previous year. Within the divisions of construction, prices increased by 5.8% in the construction of buildings, by 6.5% in civil engineering and by 6.6% in the greatest weight carrying specialized construction activities, compared to the 4th quarter of 2019.
The 4th quarter’s construction prices were 1.1% 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% | ||||
2016 | 81.2 | 81.1 | 80,4 | x | 1 812.7 | |
2017 | 129.7 | 105.2 | 103.5 | x | 2 491.5 | |
2018 | 121.3 | 127.5 | 126.0 | x | 3 321.3 | |
2019 | 120.4 | 153.9 | 154.8 | x | 4 381.6 | |
2020 | 90.9 | 139.8 | 141.7 | x | 4 270,4 | |
2019 | January | 129.1 | 85.1 | 157.2 | 109.4 | 197.0 |
February | 141.1 | 100.4 | 155.1 | 98.7 | 231.1 | |
March | 163.3 | 141.1 | 155.4 | 100.2 | 326.2 | |
April | 141.3 | 131.9 | 152.4 | 98.0 | 306.7 | |
May | 125.0 | 150.4 | 147.6 | 96.9 | 352.5 | |
June | 117.9 | 170.0 | 150.9 | 102.3 | 401.5 | |
July | 131.1 | 167.3 | 166.4 | 110.2 | 397.9 | |
August | 108.9 | 165.6 | 153.3 | 92.1 | 392.5 | |
September | 114.4 | 195.1 | 158.1 | 103.1 | 463.9 | |
October | 118.5 | 181.3 | 163.5 | 103.4 | 437.0 | |
November | 104.4 | 172.0 | 148.7 | 91.0 | 419.9 | |
December | 102.8 | 186.2 | 148.9 | 100.1 | 455.5 | |
2020 | January | 94.7 | 80.6 | 148.9 | 100.0 | 202.5 |
February | 105.8 | 106.2 | 161.3 | 108.3 | 265.5 | |
March | 97.7 | 137.9 | 151.3 | 93.8 | 345.8 | |
April | 98.8 | 130.3 | 150.5 | 99.4 | 326.5 | |
May | 82.6 | 124.3 | 121.6 | 80.8 | 313.8 | |
June | 83.8 | 142.5 | 126.8 | 104.3 | 362.6 | |
July | 79.0 | 132.1 | 131.3 | 103.5 | 336.2 | |
August | 86.2 | 142.8 | 133.4 | 101.6 | 361.7 | |
September | 84.6 | 165.0 | 135.1 | 101.2 | 419.6 | |
October | 83.7 | 151.8 | 137.8 | 102.0 | 389.0 | |
November | 104.0 | 178.9 | 153.4 | 111.4 | 464.5 | |
December | 99.7 | 185.6 | 148.6 | 96.9 | 482.8 |