Published on: 13 March 2026

Construction output volume decreased by 11.4% in January 2026 year-on-year and went down by 8.8% compared to the previous month

Construction output volume, based on raw data was 11.4% lower than a year earlier, according to working day adjusted data decreased by 9.6% in January 2026. Among the main construction groups the construction of buildings lessened by 9.6%, that of civil engineering by 14.5%. Based on seasonally and working day adjusted indices construction output was below the December 2025 level by 8.8%.

In January 2026 compared to the same month of the previous year:

Output of both main groups of construction decreased: in the construction of buildings by 9.6%, in civil engineering by 14.5%. A 25.6% output decrease in the road and railway construction group stands in the background of the latter.

Among the divisions of construction the construction of buildings decreased by 14.3% year-on-year. Civil engineering was 22.1% lower,, production in specialised construction activities, having the largest weight in construction, lessened by 4.6%.

The volume of new contracts concluded lagged behind the one year earlier level by 6.0%, within it the volume of contracts for the construction of buildings decreased by 14.5%, those for civil engineering works grew by 29.3%.

The volume of the end-of-January stock of contracts at construction enterprises was 18.8% higher than in January 2025, within it the volume of contracts for the construction of buildings went down by 3.6%, and grew by 30.5% for civil engineering works.

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%
2022101.6101.9101.7x6 779.8
202394.796.596.9x7 366.9
202498.895.396.8x7 699.5
2025102.898.098.1x8 344.3
2025January93.060.4100,2106,5427.9
February96.965.996,496,2462.3
March96.390.194,297,8635.8
April104.190.5103,6109,9632.1
May106.6101.9103,199,6717.0
June103.3103.599,296,2734.8
July106.9105.999,3100,1749.5
August86.881.788,789,3576.2
September115.4120.1100,2112,9851.3
October111.4108.7100,7100,6775.9
November95.9105.691,791,0759.5
December108.9141.299,8108,81 022.1
2026January88.653.591.091.2396.5