Hungary Investment Volume Climbs Almost 17% In Q4
- 1 Mar 2019 7:35 AM
- Hungary Matters
Investment volume in Hungary rose by 16.9% year-on-year in the fourth quarter, the Central Statistical Office (KSH) said. Growth slowed from 22.1% in Q3.
Construction investments were up 24.0% and investments in machinery rose by 8.9% in Q4. In absolute terms, construction investments reached 1,853.2 billion forints (EUR 5.86bn) and machinery investments added up to 1,298.4 billion forints during the period.
Manufacturing sector investments were up 18.5% to reach 844.2 billion forints in absolute terms, and real estate investments increased by 21.0% and stood at 536.9 billion forints.
Investments in the logistics sector jumped 44.0% to 594.9 billion forints, investments in the commerce and vehicle repair sector fell by 5% to 135.8 billion forints, and investments in public administration and defence were down 3.1% to stand at 200.0 billion forints.
For the full year, investment volume in Hungary climbed 17.0% to 8,495.0 billion forints. Investments in manufacturing were up 6.3% and stood at 2,233.1 billion forints.
Investments in the logistics sector rose by 33.5% to 1,429.4 billion forints, and investments in real estate climbed 17.3% to 1,407.3 billion forints, KSH said.
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