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Construction sector output flat in October

Output of Hungary's construction sector in October edged up an annual 0.1 percent, after falling by 6.0 percent in the previous month, the Central Statistical Office (KSH) said on Friday.

Output of the buildings segment grew by 2.0 percent while civil engineering output slipped by 2.6 percent.

In absolute terms, construction sector output was worth 660 billion forints in October. The buildings segment accounted for 61 percent of the total.

Month on month, construction sector output rose by 1.0 percent, adjusted for seasonal and working-day effects.

Construction sector output fell by 4.2 percent in January-October from the base period.

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