Adjusted for calendar effects, output was 15.2% higher than in September 2024, reflecting expansion across both key segments of the industry.

Among the main construction groups, building construction grew by 18.3%, while civil engineering increased by 17.1%. Seasonally and working day–adjusted data showed construction output up 16.4% compared to August 2025, signaling strong month-on-month growth.

Building Construction Up Nearly 40%

In an annual comparison, building construction output expanded by 38.5%, while civil engineering rose by 27.3% from last year’s low base. Specialized construction activities — which carry the largest weight within the industry — recorded a 2.7% year-on-year increase.

However, the volume of new contracts signed in September was 4.8% lower than a year earlier. Contracts for building construction decreased by 4.1%, while civil engineering contracts fell by 5.3%.

At the end of September, the stock of construction contracts stood 40.9% higher than a year before. Within this, the volume of contracts for building construction declined by 15.9%, while contracts for civil engineering surged by 75% compared to September 2024. KSH noted that a scheduled data revision was carried out in September 2025, resulting in retroactive increases in contract volume indices back to January 2025 due to supplier revisions.

Output Grows 1.7% in First Nine Months of 2025

Between January and September 2025, construction output volume rose by 1.7% compared to the same period last year, showing a modest overall improvement supported by recent gains.

Construction Producer Prices Up 5.5% in Q3

Construction producer prices increased by 5.5% in the third quarter of 2025 compared to the same period of 2024. Prices rose most significantly — by 6.3% — in specialized construction activities, which have the largest market weight. Civil engineering prices increased by 5.0%, while building construction saw a 4.6% rise.

Compared to the second quarter of 2025, overall construction prices were 0.7% higher, according to KSH.