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Construction sector output down by 3.9 percent in December

Output of Hungary's construction sector fell by an annual 3.9 percent in December, after rising by 7.6 percent in the previous month, the Central Statistical Office (KSH) said on Monday.

Output of the buildings segment edged up by 1.1 percent, but civil engineering output slipped by 12.7 percent.

In absolute terms, the sector’s output was at 843 billion forints (EUR 2.2bn) in December. The buildings segment accounted for 68 percent of the total.

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