Hungary: Decline in industrial output sharpens somewhat in September
Industrial output decreased 1.0% year-on-year in September (August: -0.2% yoy), according to a preliminary estimate.
On a monthly basis, industrial output grew 2.3% in seasonally-adjusted terms in September, following August’s stronger 6.8% expansion. Meanwhile, the trend pointed down, with the annual average variation of industrial production coming in at minus 6.8% in September, down from August’s minus 6.0% reading.