Analysts’ polled by Napi Gazdaság had forecast a 6% drop, on average, after the 8.7% decline in the first quarter.

However, much of the investment came from the government, as state administration and flood protection investments were 48.8% higher.

The transport and storage industry saw a 13.2% rise in investments.
Investments declined by 8.2% in home construction, by 5.3% in education and by 6.8% in health care.