KSH: Hungary’s industrial output up 10.1% in October

Automotive

Hungary’s industrial production saw a year-on-year rise of 10.1%, with the index being adjusted for working days growing 12.7%, Hungary’s Central Statistical Office reported today.

Volume indices of industrial production. Corresponding period of previous year = 100. (Source: Central Statistical Office)

The growth of industrial output picked up from a 7.8% y.o.y. increase in the previous month, KSH data suggest.

In the first ten months of the year, industrial production was up 7.1% as compared to the same period of the previous year, KSH said.

In a month on month comparison, according to seasonally and working-day adjusted indices, the volume of industrial production in October was up by 1.7% in October, KSH said.

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