Construction Industry Performance Has Declined
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In September, the volume of construction production, based on both raw and working day-adjusted data, fell by 5.6 percent from a year earlier, after showing an outstanding 19.7 percent (adjusted) growth in August - after three months of decline - the Central Statistical Office (KSH) reported on Friday.
Although more buildings were built in September, much less roads, railways and utilities were built on an annual basis.
The production of the largest sector, special furniture construction, fell by 9.9 percent from a year earlier.
After a strong August, the performance of the Hungarian construction industry declined in September, with road and railway construction down nearly 21 percent compared to a year earlier.
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