Hungary Infrastructure Report - Business Monitor International - Industry Reports

Hungary Infrastructure Report

Hungary Infrastructure Report - Business Monitor International - Industry Reports
Hungary Infrastructure Report
Published Sep 10, 2016
69 pages — Published Sep 10, 2016
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Abstract:

� Business Monitor International Ltd Page - funding over the --------- budgetary period. A current boom that is recorded in home building (see residential and non-residential building section) is insufficient to push the growth rate of Hungary s construction sector into positive digits in ----. ...In Q---, the country s GDP increased by -.- y-o-y, down on Q--- s -.- . GFCF decreased by -.- y-o-y and by -.- q-o-q in Q---, while a rise in government capital expenditure of -.- y-o-y and -.- q-o-q during the same period was noted, as well as in the actual final consumption of households, which increased by -.- y-o-y and by -.- q-o-q (Hungarian Central Statistical Office, December ----). In Q---, the Hungarian economy grew by -.- y-o-y, while the economic performance during the entire ---- increased by -.- y-o-y. ...In June ----, the volume of construction output decreased by --.- y-o-y, the construction of buildings rose by -.- y-o-y as a result of the increase in industrial construction, while in contrast civil engineering works declined by --.- y-o-y due to the completion of works performed from EU funds at the end of ----. The largest fall was recorded in the output of road, railway and public utility construction enterprises in June ----, as compared to the corresponding month a year earlier (Hungarian

...Hungary will be a key recipient of EU infrastructure funding, especially for projects that will enhance regional connectivity across Central and Eastern European (CEE) markets. It will receive significant funding not only from the Cohesion Fund, but also from the Connecting Europe Facility (CEF). ...High public debt reduction will constrain the growth in public expenditure on the infrastructure sector. Our belief that Hungary s construction sector s exceptional growth rate over ---- would begin to dissipate has begun to play out, with ---- real growth in the sector at -.- y-o-y and ---- forecast at ---.- y-o-y in contrast with the previous projected -.- y-o-y. The EU-funded growth boom in Hungary s construction sector will come to an abrupt halt in ----, as the country struggles to absorb EU ...Our belief that Hungary s construction sector s exceptional growth rate over ---- would begin to dissipate has begun to play out, with ---- real growth in the sector at -.- y-o-y and ---- forecast at ---.- y-o-y in contrast with the previous projected -.- y-o-y. The EU-funded growth boom in Hungary s construction sector will come to an abrupt halt in ----, as the country struggles to absorb EU

...We believe a shift away from government-financed infrastructure investment is on the cards for Hungary to maintain fiscal stability over the long term. While the government has contained the budget deficit, thus limiting the need for fiscal retrenchment in the coming quarters, high public debt reduction will nonetheless constrain the growth in public expenditure on the infrastructure sector. ...

  
Source:
Document ID
1752-539X
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Hungary Infrastructure Report" Sep 10, 2016. Alacra Store. Dec 10, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Hungary-Infrastructure-Report-2026-231>
  
APA:
Business Monitor International - Industry Reports. (2016). Hungary Infrastructure Report Sep 10, 2016. New York, NY: Alacra Store. Retrieved Dec 10, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Hungary-Infrastructure-Report-2026-231>
  
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