Hungary Infrastructure Report Q1 2013 - New Market Research Report
BMI View: Despite encouraging signs during the first two quarters of 2012, our outlook for the Hungarian construction industry value has changed for the worse as we now forecast year-on-year (y-oy) contraction in the sector to continue until 2013. Key factors that have shaped this outlook include a weaker economic outlook, the failure of the government to reach an external financing arrangement with the IMF/EU and the over-burdened private household sector. We expect the market to return to positive growth...
View full press release