According to the Central Statistics Office (KSH), the output of Hungary’s construction sector rose by an annual 3.0 percent in July, after shrinking by 8.1 percent in the previous month. The output of the buildings segment edged up by 0.5 percent and civil engineering output increased by 7 percent. In absolute terms, construction sector output reached HUF 601.1 billion (EUR 1.5bn) in July. The buildings segment accounted for 52 percent of the total. Month on month, the sector’s output rose by 5.8 percent, adjusted for seasonal and workday effects. For the period January-July, construction sector output increased by an annual 6.3 percent.
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