Construction output in Hungary increased 3 percent from a year-on-year in July of 2022, rebounding from an 8.1 percent fall in the previous month. Output increased for both construction of buildings by 0.5 percent and civil engineering by 7 percent. On a monthly basis, construction output rose 5.8 percent in July from June, after sharp decreasing by 5.2 percent in the prior month. Considering the first seven months of the year, construction rose by 6.3%. source: Hungarian Central Statistical Office

Construction Output in Hungary averaged 4.35 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 October of 2022.

Construction Output in Hungary is expected to be 8.20 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 4.10 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
2022-08-15 07:00 AM Jun -8.1% 8.5% 2.1%
2022-09-15 07:00 AM Jul 3% -8.1% 3.8%
2022-10-14 07:00 AM Aug 3% 9.5%


Related Last Previous Unit Reference
Construction Output 3.00 -8.10 percent Jul 2022
Building Permits 1128.00 1236.00 Jul 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
3.00 -8.10 63.30 -34.60 2001 - 2022 percent Monthly
NSA

News Stream
Hungary Construction Output Increased 3% in July
Construction output in Hungary increased 3 percent from a year-on-year in July of 2022, rebounding from an 8.1 percent fall in the previous month. Output increased for both construction of buildings by 0.5 percent and civil engineering by 7 percent. On a monthly basis, construction output rose 5.8 percent in July from June, after sharp decreasing by 5.2 percent in the prior month. Considering the first seven months of the year, construction rose by 6.3%.
2022-09-15
Hungary Construction Output Growth Advances in May
Hungary’s construction output jumped 9.9 percent year-on-year in May of 2022, advancing sharply from a 3.2 percent rise in the previous month. Output rebounded for building activity (12 percent vs -1.2 percent in May) while eased for civil engineering works (7.7 percent vs 11.4 percent). On a seasonally and calendar adjusted monthly basis, construction output went up 5.8 percent, recovering from a 5.9 percent decline in the previous month.
2022-07-15
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