Investment Volume Falls 3.8% in Q3

Investment volume in Hungary declined 3.8% year-on-year in the third quarter, data released by the Central Statistical Office (KSH) on Friday show.

The KSH data, reviewed by MTI, reveal that, adjusted for seasonal effects, investment volume dropped 4.1%.

Investment volume in the logistics and manufacturing sectors contributed the most to the headline decline, KSH said. The fall was mitigated by rising investment volume in the financial services sector, it added.

In a quarter-on-quarter comparison, investment volume edged down a seasonally-adjusted 0.3%.

Investment volume in Q1-Q3 dropped an unadjusted 5.5% year-on-year.