Hungary’s construction sector output increased by an annual 43.2 percent in January, the Central Statistical Office (KSH) has revealed.
Figures show that the output of the building segment increased by 48.4 percent during the same period. While the output of the civil engineering segment climbed 33.4 percent.
KSH said the building segment was lifted by home, school and factory construction. In the civil engineering segment, construction of highways, railways and utilities infrastructure supported the increase.
In a month-on-month comparison, output was up 6.4 percent, adjusted for seasonal effects and the number of workdays.
Order stocks were up 108.5 percent at the end of January from twelve months earlier. Orders in the building segment increased by 22.9 percent and orders in the civil engineering segment rose by 158.6 percent.
New orders were up 5.3 percent annually, rising by 35 percent in the building segment but falling by 33.5 percent in the civil engineering segment.