ADVERTISEMENT

Hungary's construction sector was in decline in June

Construction

Eurostat has released the data for June 2011 in seasonally adjusted production in the construction sector. The numbers fell by 1.8% in the Euro area compared to the previous month. Figures for the same month in the European Union as a whole show a slight less decrease of 1.3%.

Hungary showed one of the largest declines in construction output, 13.9%. A number of other countries in the region had similarly disappointing results. Romania's output fell by 10%. Meanwhile, Poland witnessed a 16.2% increase.

Monthly adjusted data recorded a 5.5% drop for Hungary, while its neighbor, Slovakia, recorded a 2% increase. 

Bamosz Investment Fund Value Reaches HUF 16.174 tln in June Figures

Bamosz Investment Fund Value Reaches HUF 16.174 tln in June

Hungary Urges European Space Research Strategy EU

Hungary Urges European Space Research Strategy

Hungary's Largest Speculative Industrial Property Nearing Co... Logistics

Hungary's Largest Speculative Industrial Property Nearing Co...

Optimism Persists in Tourism Sector  Tourism

Optimism Persists in Tourism Sector 

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.