Hungary July Construction Output Declines Sharply

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Thursday, the Central Statistics Office of Hungary announced that the country's construction output decreased 12.2% in July compared to the previous month.

The monthly decline in the construction sector was led by a sharp drop in the volume of activity in the civil engineering division, which dropped 29.5% on month in July, while the construction of buildings division fell 16.5%, and special construction activities dropped 14.3%.

(Market News Provided by RTTNews)