Friday, August 31, 2007

Hungary 2Q Fixed Cap Invest +0.1%QQ, -0.4%YY

Of DOW JONES NEWSWIRES

BUDAPEST (Dow Jones)--Investment into fixed capital assets swung into a year-on-year decline in Hungary in the second quarter due to a sharp fall in public investment, the central statistics office, KSH, said Friday.

Investment into fixed capital assets fell 0.4% on the year in the second quarter in volume terms, after rising 0.8% on the year in the first quarter.

On the quarter, it rose 0.1% in seasonally adjusted terms between April and June after increasing 2.6% in the first three months of the year.

Fixed capital investment in the first half of 2007 was 0.2% higher on the year in volume terms.

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