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January industrial production: preliminary data

The volume of Hungary?s industrial output rose 3% in January year-on-year, or 3.1% in working day adjusted figures, according to a preliminary report by the Central Statistics Office (KSH). The change compared with the previous month, which is adjusted not to reflect seasonal fluctuations and differences in the number of working days, was 0.8%. By comparison, December?s workday adjusted industrial production index was 1.4% lower than in December 2003, while it fell 3.9% from the November base in adjusted figures.