Published on: 16 March 2021

Construction output volume increased by 11.0% in one year, and by 7.4% compared to the previous month

The volume of construction output in January 2021, based on raw data, surpassed the previous year’s level by 11.0%. Output increased in both main groups of construction: in the construction of buildings by 10.0%, in civil engineering by 12.8%. Based on seasonally and working day adjusted indices construction output increased by 7.4% compared to the December data, in January it surpassed the nadir of May 2020 by 32.8%.

In January 2021, compared to the same month of the previous year:

Output increased in both main groups of construction: in the construction of buildings by 10.0% and in civil engineering by 12.8%.

Output volume grew in all three divisions of construction: production increased in the construction of buildings by 21.4%, by 15.3% in civil engineering, and in specialised construction output increased by 3.1%.

The volume of new contracts concluded increased by 8.0%, within it the volume of new contracts for the construction of buildings fell by 32.2%, the volume regarding civil engineering works rose by 326.9% against the low base of January 2020.

The volume of the January end-of –month stock of contracts at construction enterprises was 11.5% higher than at the end of January 2020. The volume of contracts increased by 27.0% for the construction of buildings and by 2.2% for civil engineering works compared to the previous year.

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%
201681.281.180.4x1 812.7
2017129.7105.2103.5x2 491.5
2018121.3127.5126.1x3 321.3
2019120.4153.9154.9x4 381.6
202090.9139.8141.7x4 270.4
2020January94.780.6146.397.6202.5
February105.8106.2160.7109.8265.5
March97.7137.9151.094.0345.8
April98.8130.3150.399.5326.5
May82.6124.3121.380.7313.8
June83.8142.5126.8104.5362.6
July79.0132.1131.5103.7336.2
August86.2142.8133.9101.8361.7
September84.6165.0135.8101.4419.6
October83.7151.8138.7102.1389.0
November104.0178.9154.6111.5464.5
December99.7185.6150.097.0482.8
2021January111.089.5161.1107.4240.2