Illustration - Photo: Flickr

Construction output growth slows to 10.5 percent

Hungarian construction sector output grew by an annual 10.5 percent in March, slowing from an increase of 38.5 percent in the previous month, the Central Statistical Office (KSH) said on Friday.

Building segment output rose by 10.6 percent, while civil engineering output was up 11.4 percent.

Overall, construction sector output was worth 521.8 billion forints (EUR 1.36bn) in March, with the building segment making up 68 percent of the total.

Leave a Reply