Hungary's construction sector saw a marked slowdown in the second quarter of 2026, according to the latest EBI Construction Activity Report prepared by Eltinga, Buildecon and iBuild. Projects worth less than HUF 470 billion started in Q2, the third lowest figure since 2021 and about 41% below the average quarterly value recorded between 2021 and 2026. The strong Q1 performance, boosted by the Paks 2 project and a high volume of multi-unit residential starts, kept the overall first-half decline to just over 3% like-for-like, though H1 2026 still fell between 17% and 45% short of the equivalent periods in 2021 to 2024.