Hungary: Industrial production growth loses steam in June
According to preliminary data released by the Hungarian Central Statistical Office (KSH) on 7 August, industrial output rose a working-day adjusted 3.1% year-on-year in June, below the 3.8% increase recorded in May.
In month-on-month seasonally- and working-day adjusted terms, industrial production contracted 1.2% in June, strongly contrasting the 1.8% rise recorded in May.
Meanwhile, annual average growth in industrial production declined from 4.8% in May to 4.4% in June.
A second estimate will be released on 13 August.