Construction output volume increased by 18.7% in one year, and by 2.3% compared to the previous month
The volume of construction output in May 2021, based on raw data, surpassed the previous year’s level by 18.7%. Output increased in in the construction of buildings by 38.6% compared to the exceptionally low base of May 2020, in civil engineering output decreased by 0.8%. Based on seasonally and working day adjusted indices construction output rose by 2.3% compared to the April data.
In May 2021, 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 38.6% and civil engineering lessened by 0.8%.
Out of the three divisions of construction, output volume grew by 43.9% in the construction of buildings, and fell by 7.3% in civil engineering. Production increased by 22.9% in specialised construction activities.
The volume of new contracts concluded rose by 11.8%, within it the volume of new contracts for the construction of buildings went up by 29.2%, the volume regarding civil engineering works went down by 3.2% in relation to the May 2020 base.
The volume of the May end-of –month stock of contracts at construction enterprises was 11.3% above the end of May 2020 level. The volume of contracts increased by 21.9% for the construction of buildings and by 4.9% for civil engineering works compared to the previous year.
In the first five months of 2021, compared to the same period of the previous year:
Construction output rose by 1.3%.
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 | 141.6 | x | 4 270.4 | |
2020 | January | 94.7 | 80.6 | 145.8 | 98.5 | 202.5 |
February | 105.8 | 106.2 | 166.0 | 113.8 | 265.5 | |
March | 97.7 | 137.9 | 148.8 | 89.6 | 345.8 | |
April | 98.8 | 130.3 | 152.7 | 102.7 | 326.5 | |
May | 82.6 | 124.3 | 122.8 | 80.4 | 313.8 | |
June | 83.8 | 142.5 | 127.4 | 103.7 | 362.6 | |
July | 79.0 | 132.1 | 131.6 | 103.3 | 336.2 | |
August | 86.2 | 142.8 | 133.3 | 101.3 | 361.7 | |
September | 84.6 | 165.0 | 134.6 | 101.0 | 419.6 | |
October | 83.7 | 151.8 | 137.1 | 101.8 | 389.0 | |
November | 104.0 | 178.9 | 152.5 | 111.2 | 464.5 | |
December | 99.7 | 185.6 | 147.2 | 96.5 | 482.8 | |
2021 | January | 107.0 | 86.2 | 154.4 | 104.9 | 231.7 |
February | 82.8 | 88.0 | 138.2 | 89.5 | 235.3 | |
March | 104.3 | 143.9 | 153.8 | 111.3 | 386.0 | |
April | 92.8 | 121.0 | 142.6 | 92.7 | 329.9 | |
May | 118.7 | 147.5 | 146.0 | 102.3 | 405.2 | |
January-May | 101.3 | 117.3 | 147.0 | x | 1588.1 |