Hungary’s construction output rose 3.2 percent year-on-year in April of 2022, slowing sharply from a 10.5 percent jump in the previous month. It was the smallest growth in construction output since January amid fading of low base effects from pandemic shock last year. Output eased sharply for building activity (1.2 percent vs 10.6 percent in April), while remained steady for civil engineering works (at 11.4 percent). On a seasonally and calendar adjusted monthly basis, construction output fell 5.9 percent, following a 5.7 percent decline in the previous month. source: Hungarian Central Statistical Office

Construction Output in Hungary averaged 4.38 percent from 2001 until 2022, reaching an all time high of 63.30 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 July of 2022.

Construction Output in Hungary is expected to be 2.80 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.

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Hungary Construction Output



Calendar GMT Actual Previous Consensus TEForecast
2022-05-13 07:00 AM Mar 10.5% 38.5% 6.2%
2022-06-15 07:00 AM Apr 3.2% 10.5% 14%
2022-07-15 07:00 AM May 3.2%


Related Last Previous Unit Reference
Construction Output 3.20 10.50 percent Apr 2022
Building Permits 1420.00 1727.00 Apr 2022

Hungary Construction Output
The production index in construction measures the evolution of output within the construction sector, including building construction and civil engineering.
Actual Previous Highest Lowest Dates Unit Frequency
3.20 10.50 63.30 -34.60 2001 - 2022 percent Monthly
NSA

News Stream
Hungary Construction Output Growth at 12-Month Low
Hungary’s construction output rose 3.2 percent year-on-year in April of 2022, slowing sharply from a 10.5 percent jump in the previous month. It was the smallest growth in construction output since April of 2021 amid fading of low base effects from pandemic shock last year. Output eased sharply for building activity (1.2 percent vs 10.6 percent in April), while remained steady for civil engineering works (at 11.4 percent). On a seasonally and calendar adjusted monthly basis, construction output fell 5.9 percent, following a 5.7 percent decline in the previous month.
2022-06-15
Hungary Construction Output Growth Slows Sharply
Hungary’s construction output climbed 10.5 percent year-on-year in March of 2022, slowing sharply from a 38.5 percent jump in the previous month. It was the eleventh consecutive month of growth in construction activity, as growth faltered notably for construction of buildings (10.6 percent vs 50.1 percent in February), and to some extent in civil engineering works (11.4 percent vs 19.9 percent). On a seasonally and calendar adjusted monthly basis, construction output fell 5.7 percent, following a 12.7 percent jump in the previous month.
2022-05-13
Hungary Construction Output Expands the Most in Near 3 Years
Hungary’s construction output jumped 42.3 percent year-on-year in February of 2022, accelerating sharply from a 3.3 percent rise in the previous month. It was the tenth consecutive month of growth in construction activity and the highest since March 2019, driven by significant rises in construction of buildings (56.2 percent vs -0.4 percent in January), and civil engineering works (20 percent vs 12.9 percent). On a monthly basis, construction output jumped 13.3 percent, compared to a 6.6 percent fall in the previous month.
2022-04-13