Construction Output Slows to 10.5% YR/YR in March

Economy

Hungarian construction sector output grew by an annual 10.5% in March, slowing from an increase of 38.5% in the previous month, the Central Statistical Office (KSH) said on Friday.

 

Building segment output rose by 10.6%, while civil engineering output was up 11.4%. Overall, construction sector output was worth 521.8 billion forints (EUR 1.36bn) in March, with the building segment making up 68% of the total.

 

 

hungarymatters.hu

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