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Construction sector output edges up 1.6 percent in September

Output of Hungary's construction sector rose by an annual 1.6 percent in September, after edging down 0.4 percent in the previous month, the Central Statistical Office (KSH) said on Monday.

Output of the buildings segment rose by 3.3 percent but civil engineering output was down 0.5 percent.

In absolute terms, construction sector output reached 688.5 billion forints (EUR 1.8bn) in September. The buildings segment accounted for 62 percent of the total.

In a month-on-month comparison, construction sector output climbed 2.2 percent, adjusted for seasonal and workday effects.

For the period January-September, construction sector output increased by an annual 4.8 percent.

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