Output of Hungary’s construction sector rose by an annual 7.0 percent in November, after falling by 2.5 percent in the previous month, the Central Statistical Office (KSH) said on Monday.
Output of the buildings segment increased by 18.6 percent but civil engineering output slipped by 6.9 percent. Based on seasonally and working day adjusted indices construction output was above the October level by 6.9%.
In November 2022 compared to the same month of the previous year:
In the first eleven months of 2022 compared to the same period of the previous year:
In absolute terms, construction sector output reached 798 billion forints (EUR 2bn) in November. The buildings segment accounted for 62 percent of the total, KSH said.