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CONSTRUCTION SECTOR OUTPUT FALLS 6.3% Y/Y IN MARCH

 

Output of Hungary’s construction sector fell by an annual 6.3% in March, the Central Statistical Office (KSH) said on Wednesday. Output of the buildings segment dropped by 10.0% and civil engineering output edged up by 0.8%. Month on month, construction sector output fell by 2.8%, adjusted for seasonal and workday effects. Producer prices in the sector increased by 6.7% year-on-year in the first quarter.