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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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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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