KSH: Construction Sector Output Jumps From Low Base in July

Economy

Output of Hungary’s construction sector jumped by an annual 22.5% in July, recovering from a double-digit decline in the base period, the Central Statistical Office (KSH) said.

 

Output of the building segment grew by 21.1% and civil engineering output jumped by 25.4%, KSH said. In absolute terms, output reached 464.2 billion forints (EUR 1.32bn). The building segment accounted for 52% of the total. Month on month, output fell by a seasonally and working day-adjusted 0.4%.

 

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