Published on: 15 June 2022

Construction output volume increased by 3.2% in one year and was down by 5.9% compared to the previous month

The volume of construction output in April 2022 surpassed the previous year’s level by 3.2%, according to raw data. Out of the main groups of construction the output at construction of buildings decreased by 1.2%, that of civil engineering grew by 11.4%. Based on seasonally and working day adjusted indices construction output decreased by 5.9% compared to the March one.

In April 2022 compared to the same month of the previous year:

Out of the two main groups of construction the output at construction of buildings lessened by 1.2% year-on-year, that of civil engineering grew by 11.4%..

Among the divisions of construction production decreased by 12.8% in the construction of buildings. At the same time civil engineering output surpassed by 9.5%, that of specialised constructions by 13.2% the previous year’s level.

The volume of new contracts concluded increased by 33.9%, within it the volume of new contracts for the construction of buildings was 43.4% higher and the volume regarding civil engineering grew by 25.2% in relation to the April 2021 base.

The volume of the end-of-April stock of contracts at construction enterprises was 8.0% above the end-of-April-2021 level. The volume of contracts was down by 8.8% for the construction of buildings and up by 20.6% for civil engineering, year-on-year.

In the first four months of 2022 compared to the same period of the previous year:

Construction output rose by 12.1%.

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%
201681.281.180.3x1 812.7
2017129.7105.2103.4x2 491.5
2018121.3127.5126.2x3 321.3
2019120.4153.9154.4x4 381.6
202090.3138.9140.7x4 240.4
2021113.3156.9154.7x5 388.9
2021January107.187.0153.3110.7233.8
February83.486.9132.786.6232.4
March105.8145.0151.5114.1389.0
April94.8121.0146.997.0330.9
May116.7145.9152.5103.9401.9
June128.4183.4161.3105.7510.0
July122.7162.0160.199.3464.5
August110.8155.2152.895.5443.1
September113.8189.0157.2102.9542.7
October114.6173.0158.5100.9518.9
November112.9198.9163.6103.2602.9
December129.0236.1172.2105.3718.9
2022January101.788.5159.092.3289.2
February138.5120.4178.5112.3390.4
March110.5160.2168.494.3521.8
April103.2124.8158.494.1426.8
January–April112.1123.4166.1x1628.2