Hungary´s Construction Output Falls by 6%

Published: February 15, 2013; 16:13 · (Vindobona)

Year-on-year, construction output decreased by 5.9% in 2012 and by 3.1% in December. Over the whole year, both the construction of buildings (7.6%) and civil engineering works (4.0%) decreased.

Hungary´s Construction Output Falls by 6% / Picture: © Flickr

At the same time, the volume of contracts signed by construction enterprises increased by 14.7% in volume year-on-year.

In December, the working day adjusted data was 3.1% lower than a year ago, while there was a 3.4% rise in the seasonally adjusted volume index.

The output of both main groups of constructions changed in opposite…

This article includes a total of 500 words.

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