Less and less investment in Hungary

Investment volume in Hungary fell by an annual 2.8 percent in the first quarter, the Central Statistical Office (KSH) said on Tuesday.

Quarter on quarter, investments were up 1 percent in Hungary, based on seasonally adjusted data.

The volume of construction investments fell by 1.6 percent, while that of machinery and equipment investments went up by 5.9 percent.

Investments were worth HUF 2,892 billion in the first quarter, with manufacturing accounting for 916 billion of the total and real estate HUF 673 billion.

Source: MTI