New Market Report Now Available: Hungary Infrastructure Report Q1 2014
All-round optimism in Hungary - particularly on the macroeconomic front and from the construction sector - has led us to revise up our outlook for the Hungarian construction industry. We have changed our 2013 forecast from stagnant growth (which we expected last quarter) to real growth of 3.5% year-on-year (y-o-y), which will be followed by 2.2% y-o-y in 2014. Although the industry will post annual average growth of 2.0% over the forecast period to 2022, we see little likelihood of...
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