Investment volume in Hungary down in Q3

Sustainability

Investment volume in Hungary fell 3.8% yr/yr to Ft 1,132.9 billion at current prices in the 3Q of 2006, preliminary figures published by the Central Statistics Office (KSH) on Wednesday show.

Building investments fell 2.6% and machinery investments also fell 5.4%. Seasonally- adjusted investment volume rose 1.2% year-on-year in Q3 2006 compared to the previous quarter. In Q1-Q3, investment volume fell 0.4% year-on-year to Ft 2,907.7 billion. In 2005, investment volume increased 6.4%, slowing from a 7.8% rise in 2004. In the first nine months building investments were up just 0.4%, while machinery investments fell 0.6%. (Mti-Eco)

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.

Support the BBJ

Real Estate