Hungary industrial output drops adjusted 0.4% yr/yr in August

Automotive

Hungary's industrial output dropped a workday-adjusted 0.4% year-on-year in August after a 2.7% rise in July, the Central Statistics Office (KSH) said in a first reading on Thursday.

Unadjusted output was up 4.4% yr/yr after a 0.3% rise in July and a 1.4% drop in June.

Seasonally- and workday-adjusted month-on-month comparison shows output dropped 1.3% in August after a 0.8% increase in July.

Industrial output was up 6.7% in January-August from the same period a year earlier.

KSH will publish a second reading of August output figures on October 14.

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