The output volume of the construction industry in Hungary decreased by 13.6% in one year, and increased by 1.9% compared to the previous month.
According to data released by the Central Statistical Office, the volume of construction output based on raw data was 13.6% lower in August 2020 compared to the previous year.
Output decreased in both main groups of construction: in the construction of buildings by 17.1%, in civil engineering by 8.9%. Based on seasonally and working day adjusted indices construction output increased by 1.9% compared to the July data and by 11.1% in comparison with the nadir of May.
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