BBJ Monday, August 12, 2019, 12:10 Output of Hungaryʼs construction sector climbed 20.3% year-on-year in June, show data released Monday by the Central Statistical Office (KSH). In a month-on-month comparison, output rose 1.7% from May, adjusted for seasonal and working day effects. Output of the buildings segment was up 23.5% in June, lifted by construction of industrial buildings and warehouses, the KSH said. Civil engineering output increased 16.5%, supported by road, utility and railway projects, it added. For the period January-June 2019, construction sector output was up 35.1% year-on-year compared to the first half of 2018. In absolute terms, output stood at HUF 409.7 billion in June alone, and totaled HUF 1.832 trillion in the first half of 2019. The order stock in the sector was down 11.2% at the end of June compared to 12 months earlier. The stock rose 31.7% in the buildings segment, but was down 21.2% in the civil engineering segment. The new order volume was up 0.9% as new orders for buildings rose 27.4%, while civil engineering orders fell 12.6%. Producer prices up 10% in Q2 In the second quarter of 2019, construction producer prices increased by 10.2% compared to the corresponding period of the… Read full this story
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