Construction output in Hungary declines by 4.5% year-on-year in February 2025
by CIJ News iDesk III 
2025-04-15 
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In February 2025, Hungary’s construction sector recorded a 4.5% year-on-year decrease in output volume based on raw data. Compared to January 2025, construction output declined by 1.3% after adjusting for seasonal and working day effects. The two main segments of the industry showed contrasting trends. The construction of buildings dropped by 11.0% compared to February 2024, while civil engineering activity increased by 15.3%. Within these categories, the volume of building construction fell by 11.2%, whereas civil engineering works rose by 44.0%, partly due to a low base in the previous year. Specialised construction activities, which represent the largest share of the sector, declined by 10.9%. New contract volumes signed in February were 15.5% lower than the same month in 2024. While contracts for building construction rose by 12.0%, those for civil engineering works fell significantly by 32.9% compared to a high base in the previous year. At the end of February 2025, the total stock of construction contracts held by companies was 1.8% higher than a year earlier. However, there was a 6.9% drop in the volume of contracts for building construction, while contracts related to civil engineering increased by 8.9%. Looking at the broader trend, construction production in the first two months of 2025 was 7.0% lower than during the same period in 2024.