Hungary's construction output growth eased to 20.3 percent year-on-year in June 2019 from an upwardly revised 26.9 percent in the previous month, due to softer increases in building activity (23.5 percent vs 26.4 percent) and civil engineering works (16.5 percent vs 27.7 percent). On a seasonally adjusted monthly basis, construction output jumped 1.7 percent in June, following three consecutive months of declines. Construction Output in Hungary averaged 4.31 percent from 2001 until 2019, reaching an all time high of 67.30 percent in March of 2019 and a record low of -34.60 percent in March of 2016.

Construction Output in Hungary is expected to be 9.50 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 4.80 in 12 months time. In the long-term, the Hungary Construction Output is projected to trend around 3.50 percent in 2020, according to our econometric models.

Hungary Construction Output
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Calendar GMT Actual Previous Consensus TEForecast
2019-05-14 07:00 AM Construction Output YoY Mar 67.6% 46.8% 50%
2019-06-14 07:00 AM Construction Output YoY Apr 40.1% 67.6% 45%
2019-07-16 07:00 AM Construction Output YoY May 26.3% 40.1% 32%
2019-08-12 07:00 AM Construction Output YoY Jun 20.3% 26.9% 17%
2019-09-13 07:00 AM Construction Output YoY Jul 20.3% 16.5%
2019-10-16 07:00 AM Construction Output YoY Aug
2019-11-12 08:00 AM Construction Output YoY Sep 9.5%


Hungary Housing Last Previous Highest Lowest Unit
Construction Output 20.30 26.90 67.30 -34.60 percent [+]
Housing Index 140.43 135.37 140.43 84.13 Index points [+]
Building Permits 1122.00 1327.00 2876.00 242.00 [+]
Home Ownership Rate 86.00 85.20 89.80 85.20 percent [+]


Hungary Construction Output

The production index in construction measures the evolution of output within the construction sector, including building construction and civil engineering. This page provides - Hungary Construction Output - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Construction Output - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
20.30 26.90 67.30 -34.60 2001 - 2019 percent Monthly
NSA




Country Last Previous
Argentina -11.80 Jun/19
Australia -1.90 Mar/19
Euro Area 1.00 Jun/19
France 2.40 Jun/19
Germany 1.00 Jun/19
India 0.20 Jun/19
Italy 2.00 May/19
Mexico -6.77 Jun/19
Netherlands 1.60 Jun/19
Russia 0.20 Jul/19
South Korea -6.30 Jun/19
Spain 1.10 Jun/19
Switzerland 1.20 Mar/19
United Kingdom -0.20 Jun/19


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