Industrial sector VS construction sector

For the construction sector

Economic output in the first quarter expanded 3.5% year-on-year and was up 1.1% from the fourth quarter, according to detailed figures from the Central Statistics Office.

Rising output in the vehicle industry, a rebound in domestic and external demand and construction funded by EU money has bolstered growth in the first three months, Napi Gazdaság notes.

Hungary’s manufacturing sector expanded by 9.6% in 12 months, driven by growth in the automotive industry and related sectors.

The 25.2% rise in construction sector output was largely a result of EU-funded infrastructure projects, especially railway reconstruction.


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