Hungary: Decline in industrial activity softens in September
Industrial production fell 5.8% year on year in September (August: -6.2% yoy), according to a preliminary estimate.
On a monthly basis, industrial output rose 1.3% in seasonally adjusted terms in September, contrasting August’s 2.5% fall. Meanwhile, the trend pointed down, with the annual average variation of industrial production coming in at an over two-year low of minus 2.6% in September, down from August’s minus 1.1%.