Hungary construction sector declines 11.7% in Nov

Construction

Output of Hungary's construction sector fell 11.7% year-on-year in November, after increasing in the previous two months, the Central Statistics Office (KSH) said on Thursday. The sector has declined year-on-year in nine of the last twelve months. Output of the buildings segment fell 16.8% in November from the same month a year earlier. Output of the civil engineering segment was down 7.2%. Seasonally- and workday-adjusted output of the construction sector fell 3.7% month-on-month.

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