Construction output in Hungary advanced 12.3 percent year-on-year in November of 2021, easing from a 14.5 percent surge in the previous month. A slowdown in construction of buildings (19.7 percent vs 21.2 percent in October) more than offset a faster increase in civil engineering works (9.7 percent vs 6.7 percent). On a seasonally adjusted monthly basis, construction output rose 4.9 percent, following a 1.2 percent increase in October. Considering the first eleven months of the year, construction activity grew 11.2 percent compared to the same period a year ago. source: Hungarian Central Statistical Office

Construction Output in Hungary averaged 4.19 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 January of 2022.

Construction Output in Hungary is expected to be 6.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Construction Output is projected to trend around 19.20 percent in 2023 and 4.80 percent in 2024, according to our econometric models.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

Please Paste this Code in your Website
width
height
Hungary Construction Output


Calendar GMT Actual Previous Consensus TEForecast
2021-12-15 08:00 AM Oct 14.5% 14.2% 10.5%
2022-01-14 08:00 AM Nov 12.3% 14.5% 11.7%
2022-02-15 08:00 AM Dec 12.3% 13.1%


Related Last Previous Unit Reference
Construction Output 12.30 14.50 percent Nov/21
Building Permits 1280.00 1380.00 Nov/21

News Stream
Hungary Construction Output Growth Eases to 12.3% in November
Construction output in Hungary advanced 12.3 percent year-on-year in November of 2021, easing from a 14.5 percent surge in the previous month. A slowdown in construction of buildings (19.7 percent vs 21.2 percent in October) more than offset a faster increase in civil engineering works (9.7 percent vs 6.7 percent). On a seasonally adjusted monthly basis, construction output rose 4.9 percent, following a 1.2 percent increase in October. Considering the first eleven months of the year, construction activity grew 11.2 percent compared to the same period a year ago.
2022-01-14
Hungary Construction Output Growth Quickens in October
Hungary’s construction output jumped 14.5 percent year-on-year in October of 2021, advancing from a 14.2 percent increase in the previous month. It was the sixth consecutive month of growth in construction activity, largely due to low base effects from the previous year. Output increased for both construction works (19.7 percent vs 21.2 percent in September) and civil engineering works (9.7 percent vs 6.7 percent). On a monthly basis, construction output went up by 1.1 percent, slowing from a downwardly revised 4.2 percent increase in September. Considering the first ten months of the year, construction activity grew 11 percent compared to the same period a year ago.
2021-12-15
Hungary Construction Output Growth Gains Pace
Hungary’s construction output jumped 14.2 percent year-on-year in September of 2021, following a downwardly revised 10.1 percent hike in the previous month, expanding for the fifth month in a row largely due to low base effects from the previous year. Construction works received significant boosts in both building projects (21.2 percent vs 16.0 percent in August) and in civil engineering works (6.7 percent vs 2.6 percent). On a monthly basis, construction output surged 23.7 percent, rebounding from a 5.7 percent drop in August. Considering the first eight months of the year, construction activity expanded by 10.5 percent from the same period a year ago.
2021-11-12

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