Construction Sector Output Up By 10.2% in August


Output of Hungary’s construction sector grew by an annual 10.2% in August, the Central Statistical Office (KSH) said on Thursday.


Output of the building segment climbed by 16.3% and civil engineering output was up by 2.4%. In absolute terms, output reached 440.9 billion forints (EUR 1.2bn). The building segment accounted for 61% of the total. Month on month, output fell 5.8% based on seasonally and working day-adjusted data. In January-August, construction output grew by 9.8% compared to the same period last year.


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