Construction output volume lessened by 9.6% year-on-year, and grew by 1.6% compared to the previous month
Construction output volume, based on raw data, lagged behind the previous year’s level by 9.6% in January 2025. Out of the main groups of construction the construction of buildings lessened by 8.9%, that of civil engineering by 10.8%. Based on seasonally and working day adjusted indices construction output was above the December 2024 level by 1.6%.
In January 2025 compared to the same month of the previous year:
Output in both main groups of construction decreased: the construction of buildings by 8.9%, that of civil engineering by 10.8%.
Among the divisions of construction, production volume decreased by 0.8% in the construction of buildings, and lessened by 8.4% in civil engineering. Production in specialised construction activities, having the largest weight in construction, fell by 15.9%.
The volume of new contracts concluded went down by 15.8%, year-on-year. Within it the volume of contracts for the construction of buildings fell by 19.7%, those for civil engineering works rose by 8.9%.
The volume of the end-of-January stock of contracts at construction enterprises was 0.2% lower than one year earlier, within it the volume of contracts was down by 14.7% for the construction of buildings and grew by 14.2% for civil engineering works compared to January 2024.
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% | 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 | 89,9 | 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 | 107.3 | 106.4 | 442.3 |
| February | 102.6 | 69.0 | 99.1 | 92.4 | 459.2 | |
| March | 95.4 | 92.6 | 97.9 | 98.8 | 619.7 | |
| April | 115.3 | 87.9 | 102.9 | 105.1 | 581.4 | |
| May | 109.0 | 97.9 | 100.3 | 97.5 | 651.6 | |
| June | 98.9 | 98.6 | 96.2 | 95.9 | 661.4 | |
| July | 93.8 | 99.3 | 94.3 | 98.0 | 665.8 | |
| August | 96.1 | 94.1 | 94.9 | 100.6 | 628.5 | |
| September | 91.5 | 105.4 | 90.7 | 95.6 | 708.3 | |
| October | 98.3 | 98.9 | 92.8 | 102.4 | 671.3 | |
| November | 98.9 | 113.5 | 94.9 | 102.2 | 776.4 | |
| December | 95.8 | 130.8 | 95.0 | 100.1 | 901.0 | |
| 2025. | January | 90.4 | 59.5 | 96.5 | 101.6 | 420.5 |