Investment volume up 7.2% for year 2013
The Central Statistics Office (KSH) has released figures on investment volume in Hungary in the fourth quarter of 2013, showing a 14.9% increase year-on-year. For 2013, investment volume rose some 7.2% over that of ’12.
For the October-December period, investments in machinery and equipment rose by 16.0% and investments in construction by 14.1%. KSH noted a “dynamic” rise of 48.2% y.o.y. in public administration, defense and compulsory social security. Due to large-scale projects in water treatment and sewage construction, investment volume increased 46.5% y.o.y. in water supply, sewerage and waste management. The 36.3% growth for ‘13 in transportation and storage KSH put down to transport equipment purchases, railway construction/renovation and road construction.
Seeing a comeback in the quarter “after a decrease lasting many years” was the utility supply sector, with nice 25.4% y.o.y. growth observed.
Within the reported yearly increase of 7.2%, most notable year-on-year upswings in investment volume were seen in water supply/waste management (60%), public administration (38.0%), transportation/storage (15.6%) and machinery/equipment (8.5%).
Most notable among those sectors experiencing a decrease in investment was real estate, which was down 11.4% y.o.y. for 2013.
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