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Investment volume down by 16.8 percent in Q2

Investment volume in Hungary fell by an annual 16.8 percent in the second quarter, dropping at a faster pace than in the previous quarter, the Central Statistical Office (KSH) said on Thursday.

In seasonally-adjusted terms, investment volume was down by 14.5 percent year on year.

Quarter on quarter, investment volume declined by a seasonally-adjusted 7 percent.

KSH said investments in the manufacturing, logistics and trade sectors contributed the most to the decline but investments in in public administration, the energy industry and real estate helped mitigate the drop in the headline number.

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