November 27, 2009, 10:31 CET
Investment volume tumbles 9% in Q3 in Hungary
Investment volume in Hungary dropped 8.9pc year-on-year in the third quarter of 2009, figures published by the Central Statistics Office (KSH) on Friday show. The yr/yr fall, continuing now for the seventh quarter in a row, steepened from a 4.7pc drop in Q2 and a 7.7pc yr/yr decrease in Q1 2009.
Q1-Q3 investment volume fell 7.1pc from the same period last year.
Q3 investments fell a seasonally-adjusted 1.8pc from Q2 after a 0.4pc quarter-on-quarter rise in Q2 and a 1.1pc drop in Q1 from Q4 2008.
Construction-type investments were down 2.6pc yr/yr in Q3 after a 1.1pc rise in Q2, and fell 2pc yr/yr in Q1-Q3.
Investment in machinery and equipment fell at a practically unchanged rate of 11.5pc from a year earlier in the third quarter and was down 13.2pc yr/yr in the first three quarters.
2008 investment volume dropped 3.0pc from 2007.
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