KSH: Hungary’s industrial output up 10.1% in October
Hungary’s industrial production saw a year-on-year rise of 10.1%, with the index being adjusted for working days growing 12.7%, Hungary’s Central Statistical Office reported today.
Volume indices of industrial production. Corresponding period of previous year = 100. (Source: Central Statistical Office)
The growth of industrial output picked up from a 7.8% y.o.y. increase in the previous month, KSH data suggest.
In the first ten months of the year, industrial production was up 7.1% as compared to the same period of the previous year, KSH said.
In a month on month comparison, according to seasonally and working-day adjusted indices, the volume of industrial production in October was up by 1.7% in October, KSH said.
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.