Hungarians buy more bricks; construction boost anticipated

Image by Pixabay
In the first few months of the year Hungarians have purchased a record number of bricks, Aladár Kató, the president of the Hungarian Brick Association (Mátész), told Hungarian daily Magyar Idők today.
The association noted that construction material manufacturers have been prepared for the increasing demand so no lack of products can be expected. The president added that steps by the Hungarian government to encourage home buildings could have a beneficial effect on the construction industry.
The president added that he expects a slight price increase on the market of building materials driven by increasing demand, according to Magyar Idők.
In its report from last week, Hungary’s Central Statistical Office (KSH) noted that the volume of Hungaryʼs construction output was down 20.1% in January as compared to the same month a year earlier.
ADVERTISEMENT
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.