Hungary: Growth in industrial production speeds up in August
October 7, 2015
According to preliminary data released by the statistical institute (KSH) on 8 October, industrial output in August rose a working-day adjusted 6.2 % over the same month last year, marking an acceleration compared to the 3.4% increase observed in July.
On a monthly basis, industrial production fell a seasonally- and working-day adjusted 2.0% in August, which marked a steeper drop than July’s 0.7% decline. Meanwhile, annual average growth in industrial production sped up from 5.6% in July to 5.9% in August.