Construction output volume grew by 3.6% year-on-year, and increased by 2.5% compared to the previous month
Construction output volume, based on raw data, was above the previous year’s level by 3.6% and by 5.5% based on calendar-adjusted index in May 2025. Among the main construction groups the construction of buildings lessened by 9.3%, that of civil engineering grew by 26.0%. Based on seasonally and working day adjusted indices construction output was above the April 2025 level by 2.5%.
In May 2025 compared to the same month of the previous year:
Output in the two main groups of construction changed in opposite directions: the onstruction of buildings lessened by 9.3%, that of civil engineering grew by 26.0%.
Among the divisions of construction, production volume increased by 12.1% in the construction of buildings, and by by 28.5% in civil engineering. Production in specialised construction activities, having the largest weight in construction, fell by 13.3%.
The volume of new contracts concluded went up by 17.0%; within it the volume of contracts for the construction of buildings decreased by 7.5%, those for civil engineering works increased by 51.0%.
The volume of the end-of-May stock of contracts at construction enterprises was 11.5% higher than one year earlier, within it the volume of contracts for the construction of buildings was down by 9.4% and grew by 29.3% for civil engineering works compared to May 2024.
In the first five months of 2025 compared to the same period of the previous year:
Construction output volume decreased by 2.4% .
Output of construction
Period | Output of construction | |||||
---|---|---|---|---|---|---|
volume indices | value at current prices, billion HUF | |||||
unadjusted (raw) | seasonally and working day adjusted | |||||
corresponding period of the previous year = 100.0% | 2021 = 100.0% | previous month = 100.0% | ||||
2018 | 121.3 | 82.1 | 80.6 | x | 3 321.3 | |
2019 | 120.4 | 99.1 | 99.1 | x | 4 381.6 | |
2020 | 90.3 | 89.4 | 90.0 | x | 4 240.4 | |
2021 | 112.1 | 100.0 | 99.0 | x | 5 330.6 | |
2022 | 101.6 | 101.9 | 102.2 | x | 6 779.8 | |
2023 | 94.7 | 96.5 | 96.8 | x | 7 366.9 | |
2024 | 99.6 | 96.2 | 97.2 | x | 7 766.9 | |
2024 | January | 115.3 | 65.8 | 108.0 | 106.5 | 442.3 |
February | 102.6 | 69.0 | 100.1 | 92.7 | 459.2 | |
March | 95.4 | 92.6 | 99.0 | 98.9 | 619.7 | |
April | 115.3 | 87.9 | 102.2 | 103.2 | 581.4 | |
May | 109.0 | 97.9 | 99.0 | 96.8 | 651.6 | |
June | 98.9 | 98.6 | 95.6 | 96.6 | 661.4 | |
July | 93.8 | 99.3 | 94.0 | 98.3 | 665.8 | |
August | 96.1 | 94.1 | 94.6 | 100.6 | 628.5 | |
September | 91.5 | 105.4 | 90.5 | 95.7 | 708.3 | |
October | 98.3 | 98.9 | 92.7 | 102.5 | 671.3 | |
November | 98.9 | 113.5 | 95.2 | 102.6 | 776.4 | |
December | 95.8 | 130.8 | 95.5 | 100.4 | 901.0 | |
2025 | January | 90.3 | 59.4 | 97.2 | 101.8 | 420.7 |
February | 94.9 | 65.5 | 95.8 | 98.5 | 458.9 | |
March | 96.6 | 89.5 | 96.0 | 100.3 | 631.5 | |
April | 99.5 | 87.5 | 101.3 | 105.4 | 611.3 | |
May | 103.6 | 101.4 | 103.8 | 102.5 | 713.3 | |
January-May | 97.6 | 80.6 | 98.8 | x | 2835.6 |