Hungarys investments decline 5.2% in 2012.

By bne IntelliNews March 1, 2013
After declining by 7.9% y/y in Q4 2012, the volume of investments in Hungary's economy dropped by 5.2% y/y to HUF 4.12tn (EUR 14.1bn) in full-2012, the statistics office said. Seasonally-adjusted, the investments' volume decreased by 3.7% on the quarter in Q4. In terms of individual economic sectors, the manufacturing accounted for the largest share (32%) of investments in 2012, as the investment volume continued to improve for the fourth consecutive quarter in October to December and increased by 4.9% y/y in 2012. Investments in information and communication as well as in the sector of public administration and defense also witnessed steady increases of 10.9% y/y and 13% y/y in 2012, respectively. No positive tendencies were observed in the other business sectors. Real estate investments, holding a share of 15.3% of the total, narrowed by 5.1% y/y in 2012. Similarly, investments in the sector of transport and storage (13.8% share) declined by 2.4% y/y. The investments construction sector registered a 9.3% y/y decrease, while those in agriculture and trade dropped on a slower pace by 1.9% y/y and 2.4% y/y, respectively. In other classification, investments in machinery and equipment rose by 1.8% y/y in 2012, while construction investments registered a 10.6% annual decline.
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