News in Brief
KSH: Construction sector output rose by an annual 7.2% in May
Output in building construction was up 11.2%, other construction was up 1.1%.
Construction Sector
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News in Brief
KSH: Hungary’s construction sector rose by 3.0% in July
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.
News in Brief
KSH: Construction output up 3.3% in Jan
Output growth of Hungary’s construction sector slowed to an annual 3.3 percent in January, after climbing in the double digits since the spring of 2021, decelerating on a decline in...
News in Brief
Construction industry spearheads Hungary's economic growth
Analysts predict that explosive growth in the construction industry may lead to yet another year of GDP growth in the five percent range
News in Brief
Hungarian government proposes extension of preferential 5 percent VAT rate on sales of new build homes to 2023
Mihály Varga, minister of Finance, said the bill will be submitted to parliament this week for properties with a final building permit obtained by November 1, 2018
News in Brief
Hungary’s construction sector output increased by 24.4 percent year-on-year
Official figures show that in absolute terms, output stood at 327.9 billion HUF (1bn EUR) in August and 1,864.9 billion HUF in January to August
News in Brief
Hungary’s construction sector output rose by an annual 15.1 percent in May
3,400 new flats were completed in the first quarter of 2018, and 72,000 families have applied for government-funded family home subsidies
News in Brief
Investment in Hungary increased by an annual 17.3 percent in the first quarter of 2018
KSH figures show that investments came to 1,261 billion HUF (3.95 billion EUR) in the first quarter of the year
News in Brief
Hungary’s construction sector output increased by an annual 43.2 percent in January
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
News in Brief
Hungary’s construction sector output increased by an annual 35 percent in December
KSH said the output of the building segment benefited from the construction of homes, schools and cultural buildings, as well as industrial facilities. In civil engineering, construction of highways and railways supported the rise
News in Brief
Hungary’s construction sector output rose by an annual 30.7 percent
The phenomenal increase came from a low base but still signals an improving economy and thriving construction sector
News in Brief
Hungary's economy is booming as IMF forecasts GDP growth, construction output is up and industrial sector expands
The International Monetary Fund has forecast Hungary’s GDP growth by 2.8% in 2019, the construction sector output rose by 23.8% in September year-on-year and the industrial sector output grew by 5.4 percent
News in Brief
Hungary's volume of construction output grew by 35.4 percent year-on-year
Hungary's output increased in both main construction groups, in the construction of buildings and in civil engineering works