Published on: 15 June 2021

Construction output volume decreased by 7.2% in one year, and by 7.3% compared to the previous month

The volume of construction output in April 2021, based on raw data, was below the previous year’s level by 7.2%. Output decreased in both main groups of construction: in the construction of buildings by 0.8%, in civil engineering by 14.5%. Based on seasonally and working day adjusted indices construction output fell by 7.3% compared to the March data.

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

Output decreased in both main groups of construction: in the construction of buildings by 0.8% and in civil engineering by 14.5%.

Out of the three divisions of construction, output volume fell by 6.2% in the construction of buildings, and by 26,1% in civil engineering. Production increased by 7.8% in specialised construction activities.

The volume of new contracts concluded decreased by 15.3%, within it the volume of new contracts for the construction of buildings fell by 21.0%, the volume regarding civil engineering works went down by 9.9% in relation to the April 2020 base.

The volume of the April end-of –month stock of contracts at construction enterprises was 12.8% above the end of April 2020 level. The volume of contracts increased by 22.9% for the construction of buildings and by 6.7% for civil engineering works compared to the previous year.

In the first four months of 2021, compared to the same period of the previous year:

Construction output lessened by 3.5%.

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
2018121.3127.5126.0x3 321.3
2019120.4153.9154.8x4 381.6
202090.9139.8141.7x4 270.4
2020January94.780.6146.098.5202.5
February105.8106.2166.2113.9265.5
March97.7137.9149.089.6345.8
April98.8130.3153.0102.7326.5
May82.6124.3122.179.8313.8
June83.8142.5127.1104.1362.6
July79.0132.1131.5103.4336.2
August86.2142.8133.2101.3361.7
September84.6165.0134.6101.0419.6
October83.7151.8137.1101.9389.0
November104.0178.9152.6111.3464.5
December99.7185.6147.496.6482.8
2021January107.086.2154.7104.9231.7
February82.888.0138.589.6235.3
March104.3143.9154.2111.3386.0
April92.8121.0143.092.7329.9
January-April96.5109.8147.6x1 182.9