Construction output volume decreased by 3.6% year-on-year and by 5.0% compared to December
According to raw data the volume of construction output in January 2023 lagged behind the previous year’s level by 3.6%. Out of the main groups of construction the construction of buildings decreased by 4.0 and that of civil engineering by 2.1%. Based on seasonally and working day adjusted indices construction output was below the December level by 5.0%.
In January 2023 compared to the same month of the previous year:
Output of both main groups of construction lessened: construction of buildings by 4.0 and that of civil engineering 2.1%.
Among the divisions of construction, production decreased by 7.8% in the construction of buildings, by 0.7% in civil engineering, and by 1.9% in specialised constructions.
The volume of new contracts concluded was below the January 2022 high base by 28.0%; within it the volume of contracts for the construction of buildings was 23.2% lower, while the volume regarding civil engineering declined by 36.2% year-on-year.
The volume of the end-of-January stock of contracts at construction enterprises lessened by 18.2% compared to the same period of the previous year; within it the volume of contracts was down by 2.0% for the construction of buildings and down by 29.6% for civil engineering works.
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 | 80.3 | x | 1 812.7 | |
| 2017 | 129.7 | 105.2 | 103.4 | x | 2 491.5 | |
| 2018 | 121.3 | 127.5 | 125.9 | x | 3 321.3 | |
| 2019 | 120.4 | 153.9 | 154.8 | x | 4 381.6 | |
| 2020 | 90.3 | 138.9 | 140.5 | x | 4 240.4 | |
| 2021 | 112.1 | 155.3 | 154.5 | x | 5 330.6 | |
| 2022 | 103.0 | 160.3 | 161.2 | 6 873.7 | ||
| 2022 | January | 101.0 | 89.2 | 159.0 | 93.3 | 291.3 |
| February | 138.9 | 119.5 | 177.8 | 111.8 | 387.4 | |
| March | 114.9 | 164.7 | 171.4 | 96.4 | 536.4 | |
| April | 101.8 | 123.9 | 151.7 | 88.5 | 424.4 | |
| May | 108.2 | 158.4 | 163.9 | 108.0 | 546.2 | |
| June | 91.4 | 165.7 | 152.4 | 93.0 | 575.8 | |
| July | 102.7 | 166.0 | 163.0 | 106.9 | 600.8 | |
| August | 99.3 | 153.4 | 152.7 | 93.7 | 553.3 | |
| September | 101.4 | 189.5 | 157.2 | 102.9 | 686.9 | |
| October | 96.8 | 165.5 | 153.5 | 97.6 | 627.2 | |
| November | 107.6 | 209.4 | 168.8 | 110.0 | 800.4 | |
| December | 96.1 | 219.1 | 162.5 | 96.3 | 843.4 | |
| 2023 | January | 96.4 | 86.0 | 154.4 | 95.0 | 348.7 |