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Construction Sector Output up 12.3% in Hungary in November

• 15 Jan 2022 7:34 AM
• Hungary Matters

Output of Hungary’s construction sector rose by an annual 12.3% in November, the Central Statistical Office (KSH) said on Friday.

The pace of the increase slowed from 14.5% in the previous month.

Output of the building segment climbed by 11.6% and civil engineering output increased by 14.8%.

Month on month, construction sector output rose by 4.9%, adjusted for seasonal and working day effects. In absolute terms, the output was at 599.7 billion forints (EUR 1.7bn) in November.

The building segment accounted for 55% of the total.

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