Hungary investment volume falls 4.5 pc in Q1

Budapest,  May 28 (MTI) – Investment volume in Hungary dropped by an annual 4.5 percent in the first quarter of 2015 after going up by 1.9 percent in the fourth quarter of 2014, fresh data published by the Central Statistical Office on Thursday show.

In absolute terms, investments added up to 816.5 billion forints (EUR 2.64bn) at current prices.

Construction investments fell by 8.9 percent and investments in machinery, equipment and vehicles were down by 1 percent.

In a sector-by-sector breakdown, the data show that investments in manufacturing rose just by 0.2 percent, in logistics decreased by 8.3 percent and in farming declined by 7.9 percent.

Source: http://mtva.hu/hu/hungary-matters