Construction down, car industry up in June: What’s happening in Hungary’s economy?

In June, Hungary’s construction sector experienced a second consecutive month of decline, following a period of volatility that included a brief recovery in the spring. This downturn marks a reversal from the growth observed earlier in the year, highlighting ongoing instability within the industry.

Conversely, the Hungarian automotive industry demonstrated growth during the same period. The divergent performance of these two sectors serves as a primary indicator of the current state of the Hungarian economy, reflecting a mixed industrial landscape.