Investment In Hungary Increased In Q2
- 2 Sep 2013 9:00 AM
Fixed capital investments in Hungary were up 4.6% year-on-year in the second quarter, the Central Statistics Office announced, the first such increase in six years. Analysts’ polled by Napi Gazdaság had forecast a 6% drop, on average, after the 8.7% decline in the first quarter.
However, much of the investment came from the government, as state administration and flood protection investments were 48.8% higher.
The transport and storage industry saw a 13.2% rise in investments.
Investments declined by 8.2% in home construction, by 5.3% in education and by 6.8% in health care.
Source: Hungary Around the Clock
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