Hungary’s construction output grew for the fifth straight month in August, albeit at a softer pace, data from the Hungarian Central Statistical Office showed on Thursday.
Construction output gained 10.2 percent year-on-year in August, after a 22.5 percent growth in July.
Among the main groups, construction of buildings surged by 16.3 percent and the civil engineering works increased 2.4 percent.
On a seasonally adjusted basis, the construction output decreased 5.8 percent monthly in August, following a 0.5 percent fall in the previous month.
The material has been provided by InstaForex Company – www.instaforex.com
- Oil Futures Settle Higher After Data Shows Drop In Crude Stockpiles - October 20, 2021
- *Fed's Beige Book Says U.S. Economic Activity Grew At A Modest To Moderate Rate - October 20, 2021
- *U.S. Crude Oil Inventories Edge Down By 0.4 Million Barrels In Week Ended 10/15 - October 20, 2021