Hungarian Parliament building

Hungary Industry August 2021

Hungary: Industrial output records slowest growth since January in August

Industrial output expanded 0.6% year-on-year in August (July: +10.2% yoy), according to a first estimate. August’s outturn marked the worst reading since January.

On a monthly basis, industrial production fell 2.7% in seasonally-adjusted terms in August, which was softer than July’s 0.5% fall. Meanwhile, annual average growth of industrial production was unchanged coming in at July’s 12.6% in August.

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