Hungary: Industrial output rebounds in October
December 4, 2020
Industrial output expanded 2.7% year-on-year in October (September: -1.0% yoy), according to a preliminary estimate.
On a monthly basis, industrial output grew 2.8% in seasonally-adjusted terms in October, following September’s softer 2.3% expansion. Meanwhile, the trend pointed down, with the annual average variation of industrial production coming in at minus 7.1% in October, from September's minus 6.8% reading.