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Hungary’s industrial output climbs 5.8% in February

Pharma

Hungaryʼs industrial output saw a year-on-year rise of 5.8% in February, according to both unadjusted and workday-adjusted data, the Central Statistics Office (KSH) said today, confirming preliminary figures released on April 8.

Industrial export sales rose by 7.9% in February as compared to the same period of the previous year, KSH said. Out of the two manufacturing subsectors, which account for more than half of export sales, the export of transport equipment, representing 39% of manufacturing exports, increased by 15%. Export volume grew by 4.5% as compared to February 2014 in the manufacturing of computer, electronic and optical products – the other significant subsector, which makes up 14% of manufacturing exports.

KSH data implies that Industrial domestic sales rose by 5.2%, and within this, domestic sales of manufactured goods were 6.8% higher year-on-year.

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