Hungary’s industrial output up 2.7% in February
The volume of industrial output in Hungary rose by 2.7% in February, compared to the same month a year earlier, the Central Statistical Office (KSH) reported today in a first release of data. Year-on-year, output went up by 4.5% in the first two months of this year.
Adjusted for working days, industrial production expanded by 7.0%, the significant difference between crude and adjusted data primarily due to last year’s leap-day effect, the KSH said.
The volume of industrial production in February – according to seasonally and working day-adjusted indices – was above the level of the previous month by 3.4%, the KSH added.
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.