ADVERTISEMENT

Hungary industrial growth slows to 1% in June

Automotive

Hungary's year-on-year industrial output climbed a workday-adjusted 1% in June, slowing from a 2.3% rise in May, the Central Statistics Office (KSH) said in a second reading on Friday. The figure is the same as that published in the preliminary reading on August 5.

Unadjusted output fell 1.4% in June, compared to a 7.3% increase in May.

Seasonally and workday-adjusted month-on-month output edged down 0.6% in June after falling 0.7% in May.

Exports edged down 0.6% year-on-year in June, following an 11.2% rise in May. Domestic sales declined 6.4% after falling 0.9% in the previous month.

Industrial output was up 8.1% in January-June from the same period a year earlier. Export sales rose 11.2% in the period and domestic sales were down 4.4%.

ADVERTISEMENT

Fiscal, monetary policy partnership needed to rein in CPI - ... Analysis

Fiscal, monetary policy partnership needed to rein in CPI - ...

Parl't votes to phase out savings coops integration framewor... Parliament

Parl't votes to phase out savings coops integration framewor...

Roche Szolgáltató appoints P&C business partner lead Appointments

Roche Szolgáltató appoints P&C business partner lead

FAO–Food Bank convoy delivers food to those in need City

FAO–Food Bank convoy delivers food to those in need

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.