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KSH: Hungary’s industrial output up 9.5% in November

Analysis

Industrial output in Hungary increased by a year-on-year 9.5% in November, according to a first release of data published by Hungary’s Central Statistical Office (KSH) this morning.

As compared to the same month of the previous year, the index adjusted for working days increased by 7.0%, KSH data show.

Output was up by a year-on-year 7.3% in the first eleven months of 2015, according to KSH. The volume of industrial production in November – based on seasonal and working-day adjusted indices – fell below the previous month’s levels by 1.4%, KSH added.

KSH’s second estimate of industrial output will be published on January 13.

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