Published on: 14 July 2025

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%
2018121.382.180.6x3 321.3
2019120.499.199.1x4 381.6
202090.389.490.0x4 240.4
2021112.1100.099.0x5 330.6
2022101.6101.9102.2x6 779.8
202394.796.596.8x7 366.9
202499.696.297.2x7 766.9
2024January115.365.8108.0106.5442.3
February102.669.0100.192.7459.2
March95.492.699.098.9619.7
April115.387.9102.2103.2581.4
May109.097.999.096.8651.6
June98.998.695.696.6661.4
July93.899.394.098.3665.8
August96.194.194.6100.6628.5
September91.5105.490.595.7708.3
October98.398.992.7102.5671.3
November98.9113.595.2102.6776.4
December95.8130.895.5100.4901.0
2025January90.359.497.2101.8420.7
February94.965.595.898.5458.9
March96.689.596.0100.3631.5
April99.587.5101.3105.4611.3
May103.6101.4103.8102.5713.3
January-May97.680.698.8x2835.6