Hungary Industrial Output Up 2.6% YR/YR in November


Hungarian industrial output in November grew by an annual 2.6%, the Central Statistical Office (KSH) said on Wednesday.


Adjusted for the number of working days, output increased by 2.1%. Month on month, output rose by 2.9%, based on seasonally and working day-adjusted data. Output of automotive manufacturing, the biggest segment of Hungary’s industrial sector, fell by 15.1%, declining at a slower pace than in the previous three months, according to the detailed reading of the data. Output of the computer, electronics and optical equipment segment eased by 2.1%, while that of food, drinks and tobacco grew by 17.4%.

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