Hungary: Industrial activity rebounds in November
Industrial production rose 2.1% year-on-year in November (October: -2.7% yoy), according to a preliminary estimate. November’s result marked the sharpest expansion in four months.
On a monthly basis, industrial output increased 2.9% in seasonally-adjusted terms in November, accelerating from October’s 0.3% increase. Meanwhile, the trend was stable, with the annual average growth of industrial production coming in at October’s 12.2%.