Output still down 21% yr/yr
Output 6.2% higher than in May
Value of projects started would have been dramatic in Q2 without these
Meanwhile, completions are close to ten-year high
Dark clouds gather as building permits are down 32% yr/yr
Coronavirus pandemic squeezes construction sector too
Its fourth and largest in Hungary
Hungary anticipates May construction data
Hajdúnánás will host MotoGP from 2023
Finance Minister lays cornerstone
Contraction not as drastic as in industry, though
Macroeconomic calendar not as packed as in the last few weeks
Annual output expected to be 5% lower than in 2019
Price competition increases as demand dwindles
There were no orders for two months
Another 83 billion forints this time
Outlook is not too bright, though
If decline persists for six months, construction output could drop 15% at current prices
Office building market is also under pressure in coronavirus crisis