New Market Report Now Available: Hungary Infrastructure Report Q3 2013
Although favourable base effects will help the Hungarian construction sector to return to positive growth territory in 2014, we maintain our core view that a complete recovery in the sector's real value remains off the cards anytime during the forecast period to 2022. We see the residential and nonresidential construction sub-sector losing its dominance in the construction sector over the forecast period as weak economic outlook, uncertainty surrounding the financing of planned projects and the overburdened private household sector will...
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