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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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Launched in January 2014, this newsletter published on week days covers 'everything you need to know about what’s going on in Hungary and beyond', according to its publisher the state media agency MTI.

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