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Construction sector output falls 3.3% yr/yr in August

Output volume of Hungary's construction sector fell 3.7% in September compared to the same month a year earlier, according to working-day adjusted and decreased 4.8% according to unadjusted figures, the Central Statistics Office (KSH) reported on Monday.

Compared to August, output was up a seasonally- and working day-adjusted 2.7%. In the first nine months of 2006, output volume of the construction sector fell 2.1% from the same period last year. At current prices, construction sector output was worth Ft 236.2 billion (€915.5 million) in September and it was worth Ft 1,426.7 billion in January-August. (Mti-Eco)