Construction output volume increased by 10.2% in one year and was down by 5.8% compared to the previous month
The volume of construction output in August 2021 surpassed the previous year’s level by 10.2% according to raw data. Output was 16.3% higher in the construction of buildings and 2.4% larger in civil engineering compared to August 2020. Based on seasonally and working day adjusted indices construction output was lower by 5.8% than the high base of July.
In August 2021 compared to the same month of the previous year:
Output rose in both main groups of construction: by 16.3% in the construction of buildings and by 2.4% in civil engineering.
Output in the divisions of construction grew by 32.4% in the construction of buildings, and lessened by 0.3% in civil engineering. In specialised construction activities it rose by 3.7% compared to the previous year.
The volume of new contracts concluded increased by 39.9%, within it the volume of new contracts for the construction of buildings lessened by 23.3% and the volume regarding civil engineering was 138.4% higher in relation to the August 2020 base.
The volume of the end-of-August stock of contracts at construction enterprises was 22.1% above the end-of-August-2020 level. The volume of contracts was up by 24.0% for the construction of buildings and by 20.8% for civil engineering year-on-year.
In the first eight months of 2021 compared to the same period of the previous year:
Construction output rose by 9.8%.
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 | 90.3 | 138.9 | 141.7 | x | 4 240.4 | |
| 2020 | January | 95.4 | 81.2 | 146.4 | 98.5 | 204.0 |
| February | 103.8 | 104.2 | 163.7 | 111.8 | 260.4 | |
| March | 97.1 | 137.0 | 148.1 | 90.5 | 343.6 | |
| April | 96.8 | 127.6 | 150.9 | 101.9 | 319.7 | |
| May | 83.1 | 125.0 | 123.8 | 82.1 | 315.6 | |
| June | 84.0 | 142.8 | 124.7 | 100.7 | 363.3 | |
| July | 79.0 | 132.1 | 129.1 | 103.6 | 336.0 | |
| August | 84.6 | 140.0 | 133.2 | 103.1 | 354.8 | |
| September | 85.1 | 166.1 | 135.1 | 101.4 | 422.5 | |
| October | 83.2 | 150.9 | 136.5 | 101.1 | 386.9 | |
| November | 102.5 | 176.2 | 150.9 | 110.5 | 457.5 | |
| December | 98.3 | 183.0 | 146.1 | 96.8 | 476.2 | |
| 2021 | January | 106.5 | 86.5 | 154.4 | 105.7 | 232.4 |
| February | 84.3 | 87.8 | 139.0 | 90.1 | 234.9 | |
| March | 105.3 | 144.2 | 154.6 | 111.2 | 386.9 | |
| April | 94.4 | 120.5 | 143.7 | 92.9 | 329.6 | |
| May | 118.0 | 147.5 | 146.5 | 102.0 | 406.2 | |
| June | 127.8 | 182.4 | 157.8 | 107.7 | 507.3 | |
| July | 122.5 | 161.8 | 157.1 | 99.5 | 464.2 | |
| August | 110.2 | 154.3 | 147.9 | 94.2 | 440.9 | |
| January–August | 109.8 | 135.6 | 150.1 | x | 3 002.5 | |