Industrial Production Rises 11.3% y.o.y. in Sep


Image by Pixabay

The volume of industrial production in Hungary grew in September 2022 by 11.3%, year-on-year, according to data by the Central Statistical Office (KSH).

Based on working-day adjusted data production rose by 11.6%.

The great majority of the manufacturing subsections contributed to the production growth, the statistical agency noted.

The volume of production also increased in the largest weight representing subsections year-on-year: the manufacture of transport equipment, as well as the manufacture of computer, electronic and optical products rose significantly, while the manufacture of food products, beverages, and tobacco products grew slightly.

In the first nine months of the year, production was 6.7% higher than in the same period of 2021.

Industrial output in September – according to seasonally and working-day adjusted indices – was 1.6% above the level of the previous month.


Avg Compulsory Vehicle Insurance Premium up 5% Figures

Avg Compulsory Vehicle Insurance Premium up 5%

MPs Approve Tax Changes Parliament

MPs Approve Tax Changes

4iG, Rheinmetall Establish IT JV Deals

4iG, Rheinmetall Establish IT JV

24th FIABCI Hungarian Prix d’Excellence Held Awards

24th FIABCI Hungarian Prix d’Excellence Held


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.