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August industrial output up 6.9% yr/yr

Hungary's industrial output fell by 1.5% in August from July and was up 6.9% from August 2004, according to seasonally, and working day-adjusted preliminary figures released by the Central Statistics Office (KSH) yesterday. Unadjusted, industrial output increased 12.1% in August year-on-year. Industrial output in the first eight months of 2005 was up 6.7% from the same period last year. In July, industrial output rose 1.2% from June with seasonal and working-day adjustment and 8.4% from July 2004, with adjustment only for working days. (MTI)