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Construction sector output up by 10.2 percent in August

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

Output of the building segment climbed by 16.3 percent and civil engineering output was up by 2.4 percent.

In absolute terms, output reached 440.9 billion forints (EUR 1.2bn). The building segment accounted for 61 percent of the total.

Month on month, output fell 5.8 percent based on seasonally and working day-adjusted data.

In January-August, construction output grew by 9.8 percent compared to the same period last year.

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