Increasing Construction Output Volume

The volume of construction output in Hungary in June 2021, based on raw data, surpassed the previous year’s level by 27.8%. Output increased in in the construction of buildings by 25.0%, in civil engineering by 32.1% compared to the exceptionally low base of June 2020.

Based on seasonally and working day adjusted indices construction output rose by 3.5% compared to the May data. In the 2nd quarter construction producer prices increased by 9.3% compared to the same period of the previous year, Hungary's Central Statistical Office reports.

In June 2021, compared to the same month of the previous year:
The output of both main groups of construction increased: the construction of buildings rose by 25.0%, that of civil engineering by 32.1%.

Output volume grew in all three divisions of construction: by 15.0% in the construction of buildings, by 39.0% in civil engineering, by 29.4% in specialised construction activities.

The volume of new contracts concluded rose by 65.9%, within it the volume of new contracts for the construction of buildings went up by 72.4%, the volume regarding civil engineering works rose by 56.1% in relation to the June 2020 base.

The volume of the June end-of –month stock of contracts at construction enterprises was 21.2% above the end of June 2020 level. The volume of contracts increased by 32.0% for the construction of buildings and by 14.3% for civil engineering works compared to the previous year.