Hungarian construction sector halted?
The output of Hungary’s construction sector fell by an annual 7.2 percent in April, after growing by 4.3 percent in the previous month, the Central Statistical Office (KSH) said on Tuesday.
The April decline came from a low base as the country was in pandemic lockdown in the same period of 2020. Output of the buildings segment edged down by 0.8 percent, while civil engineering output dropped by 14.5 percent.
In monthly comparison, seasonally and
In monthly comparison, seasonally and
workday-adjusted output fell by 7.3 percent.
In absolute terms, construction sector output came to 329.9 billion forints (EUR 943.5m) for the month. The building segment accounted for close to 59 percent of the total.
Source: MTI