Weak August performance to conclude a weak summer
How Hungary compares with other EU countries
Main subsectors show contrasting trends
March output did not change the world
The sector has been shrinking for a year and a half
The sector's performance fell sharply in 2023
However, prospects are still not bright
Production fell again in June
Q2 may still bring a downturn
Last year's performance was weak, and this year could bring a downturn
Output down 11% m/m
Highest monthly output ever
Not the impact of the coronavirus yet
New orders up 60% y/y in September
Current orders could keep contractors busy for another 2 to 3 years.
MNB pushes back meeting 3% target in latest Inflation Report