Hungarian Parliament building

Hungary Industry January 2022

Hungary: Industrial output growth accelerates in January

Industrial production rose 7.1% year-on-year in January (December: +3.6% yoy), according to a preliminary estimate. January’s result marked the sharpest expansion in six months.

On a monthly basis, industrial output increased 1.9% in seasonally-adjusted terms in January, swinging from December’s 0.1% dip. Meanwhile, the trend improved, with the annual average growth of industrial production coming in at 13.1%, from December’s 12.4%.

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