Bad news: Investment volume fell in Hungary
Investment volume in Hungary fell by an annual 16.8 percent in the second quarter, dropping at a faster pace than in the previous quarter, the Central Statistical Office (KSH) said on Thursday.
In seasonally-adjusted terms, investment volume was down by 14.5 percent year on year.
Quarter on quarter, investment volume declined by a seasonally-adjusted 7 percent.
KSH said investments in the manufacturing, logistics and trade sectors contributed the most to the decline but investments in in public administration, the energy industry and real estate helped mitigate the drop in the headline number.
Read also:
- New China-Hungary projects in the pipeline as economic cooperation grows
If you would like to support the work of the Daily News Hungary staff and independent journalism,
please make a donation here
please make a donation here
Hot news
Tourists and immigrants revitalise Budapest’s iconic region as 1/5th of shops change
Top Hungary news: Festive trains, Wizz passengers stuck in Belgium, minimum wage increase, lego tram — 21 November, 2024
Hungary stands firm on Russian energy: FM Szijjártó defends sovereignty amid EU criticism
Wizz Air flight delayed for 18 hours: Passengers stuck in Brussels airport
Official: Minimum wage in Hungary to rise in 2025
Hop on a festive train to Vienna and Zagreb’s Christmas markets with MÁV!
1 Comment
The Real Person!
The Real Person!
Western Investment into Hungarian – continues it’s DISAPPEARANCE.
Why ?
Victor Mihaly. Orban & his Fidesz Government.
Europe & Globally, country’s of DEMOCRACY, the Orban “friendship(s)” and “partnership(s) – list that there National Flags are “Dyed” in Red – the KNOWLEDGE of Orban’s process of the DISTALLATION of Democracy in Hungary, just part of the reason(s) why INVESTMENT in Hungary is in Crisis / Chaos.
Orban and his Minister of Finance – Mihaly Varga, have DELIVERED Hungary to a place of Economic & Financial – Mayhem.
Orban – Fidesz Government Debt – it’s BORROWINGS – the DEBT of the tax payers of HUNGARY – are they Serviceable ?
Orban – Fidesz Governments Debt(s) – through Judicial Ruling of the Court of the European Union, interest Daily “mammoth” – this Hungarian – tax payers Debt – is it SERVICEABLE ?
Underlining, what we do KNOW – the state Hungary is IN at this point in time, it will WORSEN.
Citizens, the population of HUNGARY will continue to WEAR the WEIGHT of the Orban – Fidesz Governments there SMASHING of Hungary.
That’s FACT.