Investment Volume In Hungary Rises 10%

  • 2 Dec 2013 8:00 AM
Investment Volume In Hungary  Rises 10%
The volume of investments was up 9.8% year-on-year in the third quarter, the largest expansion in ten years, the Central Statistics Office announced on Friday.

Growth was driven by EU-backed infrastructure projects and expansion in manufacturing, especially the automotive sector.

Investment activity picked up from 4.6% annualised growth in the second quarter, and an 8.7% decline in the first. As a result, investment volume in January-September was 3.1% higher than in the same period of 2012.

Source: Hungary Around the Clock

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