Construction output in Hungary rose 4.3 percent year-on-year in March of 2021, following an upwardly revised 17.2 percent slump in the previous month. Building activity bounced back (6.4 percent vs -18.7 percent in February), while civil engineering works stalled (vs -14.6 percent). In the first quarter of 2021, construction output shrank 2 percent compared to the same period a year ago. source: Hungarian Central Statistical Office

Construction Output in Hungary averaged 3.85 percent from 2001 until 2021, reaching an all time high of 67.40 percent in March of 2019 and a record low of -34.60 percent in March of 2016. This page provides - Hungary Construction Output - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Construction Output - data, historical chart, forecasts and calendar of releases - was last updated on May of 2021.

Construction Output in Hungary is expected to be 17.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Construction Output in Hungary to stand at 6.20 in 12 months time. In the long-term, the Hungary Construction Output is projected to trend around 3.20 percent in 2022 and 2.80 percent in 2023, according to our econometric models.

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Hungary Construction Output

Actual Previous Highest Lowest Dates Unit Frequency
4.30 -17.20 67.40 -34.60 2001 - 2021 percent Monthly
NSA


Calendar GMT Actual Previous Consensus TEForecast
2021-02-15 08:00 AM Dec -0.3% 4% 3.5%
2021-03-16 08:00 AM Jan 11% -0.3% 1.8%
2021-04-15 07:00 AM Feb -16.1% 11% -1.2%
2021-05-13 07:00 AM Mar 4.3% -17.2% -0.8%
2021-06-15 07:00 AM Apr 4.3% 3.7%
2021-07-15 07:00 AM May 17.3%
2021-08-13 07:00 AM Jun 17.8%
2021-09-15 07:00 AM Jul


News Stream
Hungary Construction Output Rebounds in March
Construction output in Hungary rose 4.3 percent year-on-year in March of 2021, following an upwardly revised 17.2 percent slump in the previous month. Building activity bounced back (6.4 percent vs -18.7 percent in February), while civil engineering works stalled (vs -14.6 percent). In the first quarter of 2021, construction output shrank 2 percent compared to the same period a year ago.
2021-05-13
Hungary Construction Output Tumbles 16.1% YoY in February
Construction output in Hungary slumped 16.1 percent from a year-on-year in February of 2021, down from an 11 percent rise in the previous month, which was the sharpest increase in construction output since October of 2019. Output decreased in both main groups of construction: in the construction of buildings by 16.7 percent and in civil engineering by 15 percent. In the first two months of 2021, compared to the same period of the previous year, construction activity declined 4.3 percent.
2021-04-15
Hungary Construction Output Rises the Most in Over 1 Year
Construction output in Hungary rose 11 percent from a year-on-year in January of 2021, rebounding from a 0.3 percent drop in the previous month. It was the sharpest increase in construction output since October of 2019, as both civil engineering (12.8 percent vs -13.1 percent in January) and building activity (10 percent vs -5.7 percent) rebounded. On a seasonally adjusted monthly basis, construction output went up 7.4 percent, after a 3 percent decline in the prior month.
2021-03-16
Hungary Construction Output Drops in December
Construction output in Hungary went down 0.3 percent from a year earlier in December of 2020, following a downwardly revised 4 percent rise in the previous month. The decline in civil engineering works (-16.5 percent vs 0.5 percent in November) more than offset a surge in building activity (15.1 percent vs 7.3 percent). Considering the full year of 2020, construction output plunged 9.1 percent over a year earlier. On a seasonally adjusted monthly basis, construction output fell 3.1 percent, after surging 11.4 percent in the prior month.
2021-02-15

Hungary Construction Output
The production index in construction measures the evolution of output within the construction sector, including building construction and civil engineering.