Hungary Infrastructure Report Q4 2013

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Hungary Infrastructure Report Q4 2013 Oct 2nd 2013, 00:00 Price: $ 1295   BMI View: Continued weaknesses in the residential and non-residential construction sub-sector and lack of funding in the infrastructure sub-sector will be the two most potent dampeners for growth in the overall construction sector. Growing at an average annual rate of only 1.6% year-on-year (y-o-y) between 2013 and 2022, we see little room for a complete recovery in the construction sector's real value anytime during the 10-year forecast period. The infrastructure segment will, however, outperform the residential and nonresidential construction sub-segment, thanks to continued investments in transport and utilities. Although Q113 readings for real GDP surprised to the upside, declining 'only' 0.9% y-o-y, from -2.7% y-oy in Q412, there is little optimism in the construction sector. The Central Stat ... Complete report details with Table of Contents and more @ http://www.marketreportsonline.com/279651.html

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