KSH: Investment volume growth slows to 1.9%
Investment volume growth in Hungary slowed to 1.9% in Q4 last year, falling from 15.7% in Q3 and 27.6% in Q2, while investments added up to HUF 1.786 trillion in absolute terms at current prices, fresh data published by the Central Statistics Office today reveal.
In a sector-by-sector breakdown, the data show investments in manufacturing fell by 4.1%, to HUF 518.9 bln. Logistics investments rose by 19%, to HUF 341.5 bln, and waterworks, sewer and waste management investments edged up by 0.5%, reaching HUF 110.3 bln. Farm investments increased by 10.5%, up to HUF 88.6 bln.
For the full year, investment volume growth was 14.0%, while investments reached HUF 5.216 trillion in absolute terms. Construction investments rose by 8.6%, to HUF 2.628 trillion, while investments in machinery, equipment and vehicles jumped by 23.9%, up to HUF 2.517 trillion.
Manufacturing sector investments grew by 12.7% to HUF 1.551 trillion and logistics investments were up by 28.2%, at HUF 935.5 bln. Investments in real estate climbed by 7.7%, up to HUF 574.4 bln.
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