- 12 Aug 2016 9:00 AM
Output of the civil engineering segment dropped 36.8% because of projects that were wound up at the end of last year, the deadline for spending grant money available during the last European Union funding cycle. In a month-on-month comparison, construction sector output rose by 7.5%, adjusted for seasonal and workday effects.
For the first half, construction sector output dropped 25.3% year-on-year. In absolute terms, output of the construction sector came to 172.3 billion forints (EUR 555.7m) at current prices in June.
Republished with permission of Hungary Matters, MTI’s daily newsletter.