Hungary: Industrial output growth falls to 10-month low in February
Industrial output rose 4.5% in year-on-year terms in February, which was a deterioration from January’s 7.1% increase, according to a preliminary estimate.
On a monthly basis, industrial production rose 1.6% in seasonally-adjusted terms in February, which was below January’s 2.0% expansion. Meanwhile, annual average industrial production growth fell to 22.0% in February (January: +22.3%), signaling a worsening trend in the industrial sector.