14 July 2026, 14:41 Hungary: Construction Output at 4-Month Low.
Hungary’s construction output fell by 10.7% year-on-year in May 2026, following a 2.6% rise in the previous month. This marked the weakest reading since January, as production in civil engineering works plunged 21.9% from a 13.9% increase, driven mainly by a 46.2% contraction in road and railway construction, which reduced the overall performance of the civil engineering segment by 38 percentage points. Meanwhile, output in building construction contracted at a slower pace at 4.2%, easing from a 6.2% decline in April, as a 12.4% increase in specialised construction activities, the industry's largest segment, partially offset a 19.1% drop in building construction and a 34.9% slump in civil engineering output. On a seasonally adjusted monthly basis, construction activity dropped by 6.5% in May, following a 6.9% increase in the preceding period. For the Janury–May period, the total volume of construction fell by 4.3% compared to the same period a year earlier.
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