Hungary construction output plunges 12.2% year-on-year in July 2026

Verifying
  • Hungary’s construction sector recorded its third consecutive monthly contraction in July 2026.
  • 12.2% was the year-on-year decline, while monthly activity fell 4.6% on an adjusted basis.
  • Building and civil engineering output both weakened, with road, railway and utility projects contributing heavily.
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