Published on: 14 January 2026

Construction output volume decreased by 5.6% year-on-year and lessened by 7.3% compared to the previous month

Construction output volume, based on raw data was by 5.6% lower, based on calendar-adjusted data by 3.6% less in November 2025, year-on-year. Among the main construction groups the construction of buildings expanded by 7.7%, that of civil engineering fell by 20.0%. Based on seasonally and working day adjusted indices construction output was below the October 2025 level by 7.3%.

In November 2025 compared to the same month of the previous year:

Output changed in opposite directions within the main groups of construction: in the construction of buildings it grew by 7.7%, in civil engineering went down by 20.0%. The latter resulted, by a high base,  due to a 30% setback in the significant construction of roads and railways group within civil engineering.

Among the divisions of construction, the construction of buildings grew by 31.2%, related to the low base from one year earlier. Civil engineering lessened by 9.9% year-on-year. Production in specialised construction activities, having the largest weight in construction, decreased by 18.7% compared to the previous year..

The volume of new contracts concluded was below the one year earlier level by 5.4%, within it the volume of contracts for the construction of buildings rose by 2.0%, those for civil engineering works decreased by 9.7%.

The volume of the end-of-November stock of contracts at construction enterprises was 47.6% higher thanin November 2024, within it the volume of contracts for the construction of buildings went down by 11.3%, and grew by 82.0% for civil engineering works.

In the first eleven months of 2025 compared to the same period of the previous year:

Construction output volume grew by 1.6%.

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
202090.389.489.9x4 240.4
2021112.1100.099.0x5 330.6
2022101.6101.9102.2x6 779.8
202394.796.596.8x7 366.9
202498.895.396.4x7 699.5
2024January113.964.9105.9104.1436.8
February101.268.198.492.9452.9
March96.493.699.4101.0625.9
April114.086.999.5100.0574.7
May106.495.696.096.5636.1
June100.6100.397.4101.6672.8
July93.599.093.195.5663.6
August96.294.198.5105.8629.0
September90.3104.188.389.7699.1
October97.097.690.6102.5662.3
November96.0110.194.7104.5753.3
December95.0129.794.8100.2892.9
2025January93.160.498.1103.5428.1
February96.965.996.097.9462.3
March96.290.095.899.7635.4
April104.891.1103.1107.7636.5
May107.0102.2103.8100.6719.2
June102.4102.797.493.9729.0
July105.8104.798.3100.9741.1
August85.480.487.188.6566.8
September117.6122.4101.2116.2867.6
October109.7107.099.197.9764.9
November94.4103.991.992.7748.5
January-November101.693.797.4x7 299.3