Industrial production increased by 3.6% in Nov

In Hungary

In November 2019 the volume of industrial production grew by 3.6% year on year. Based on working-day adjusted data, production rose by 5.7%, according to a release of data by the Central Statistical Office (KSH).

The majority of manufacturing subsections contributed to the increase. The rate of growth slackened in the manufacture of transport equipment, representing the largest weight, while it slightly accelerated in the manufacture of computer, electronic and optical products. The manufacture of food products, beverages, and tobacco products rose at a rate above the industrial average.

Production was 6% higher in the first eleven months of the year than in the same period of the previous year.

The seasonally and working-day adjusted industrial output decreased by 1% in November compared to the previous month.

ADVERTISEMENT

Századvég raises GDP forecast to 7.8% Analysis

Századvég raises GDP forecast to 7.8%

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

New editor-in-chief at Betone Studio Appointments

New editor-in-chief at Betone Studio

Budapest leaders make public transport free for under-14s City

Budapest leaders make public transport free for under-14s

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.