Construction Sector Output Falls 7.2% in April

  • 16 Jun 2021 6:30 AM
  • Hungary Matters
Construction Sector Output Falls 7.2% in April
The output of Hungary’s construction sector fell by an annual 7.2% in April, after growing by 4.3% in the previous month, the Central Statistical Office (KSH) said on Tuesday.

The April decline came from a low base as the country was in pandemic lockdown in the same period of 2020.

Output of the buildings segment edged down by 0.8%, while civil engineering output dropped by 14.5%. In monthly comparison, seasonally and workday-adjusted output fell by 7.3%.

In absolute terms, construction sector output came to 329.9 billion forints (EUR 943.5m) for the month.

The building segment accounted for close to 59% of the total.

Click here to read the full report on KSH's website


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