KSH: Industrial output rises 5.8%
Output of industrial production rose by a year-on-year 5.8% in November according to both workday-adjusted and unadjusted figures, the Central Statistics Office (KSH) reported in a first reading today.
Industrial output growth picked up after slowing to 1.7% year-on-year according to both calculations in October. The pickup from October was helped by base effects.
The volume of industrial production in November – according to seasonally and working-day adjusted indices – was above the level of the previous month by 3.3%.
KSH is scheduled to publish a second reading, including sales figures, on January 14.
ADVERTISEMENT
MNB Int'l Reserves Rise EUR 579 mln in November
Gov't to Launch HUF 20 bln Workers Hostel Program
Retail Sales Fall 6.5% y.o.y. in October
Heineken Balaton Sound Announces 1st Phase Lineup
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.
