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APRIL LOCKDOWN HAS LITTLE IMPACT ON CONSTRUCTION SECTOR

 

Output of Hungary’s construction sector edged down by an annual 2.1% in April, while the country was under a lockdown because of the coronavirus pandemic, the Central Statistical Office (KSH) said. The decline slowed from a 3.4% drop in March and was just a fraction of the contraction seen in the industrial sector. KSH noted the impact of a high base on the figure: in April 2019, construction sector output soared 39.7%. Output of the buildings segment slipped 1.4% in April. Output of the civil engineering segment dipped 2.8%.