Illustration - Photo: Wikipedia

Construction sector output down by 2.5 percent in October

Output of Hungary's construction sector fell by an annual 2.5 percent in October, after edging up by 1.6 percent in the previous month, the Central Statistical Office (KSH) said on Thursday.

Output of the buildings segment declined by 3.0 percent and civil engineering output slipped by 0.9 percent.

In absolute terms, construction sector output reached 633.3 billion forints (EUR 1.6bn) in October. The buildings segment accounted for 60.5 percent of the total.

Leave a Reply