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  • Building Segment 68% Of Total Construction Sector Output Worth HUF 386 Billion This March

Building Segment 68% Of Total Construction Sector Output Worth HUF 386 Billion This March

  • 14 May 2021 11:29 AM
  • Hungary Matters
Building Segment 68% Of Total Construction Sector Output Worth HUF 386 Billion This March
Output of Hungary’s construction sector rose by an annual 4.3% in March, after contracting in the base period as the country went into pandemic lockdown, the Central Statistical Office (KSH) said.

Output of the buildings segment increased by 6.4%, while civil engineering output was flat. In a month-on-month comparison, output rose by a seasonally and working day-adjusted 11.5%.

In absolute terms, construction sector output came to 386.0 billion forints (EUR 1.1bn) in March.

The building segment accounted for close to 68% of the total. In January-March, construction output fell by 2.0% in annual comparison.

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