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Industrial output expands adjusted 4.7% in May, up from preliminary

Hungary’s twelve-month industrial output rose an unadjusted 2.2% and a workday-adjusted 4.7% in May compared to a year earlier, the Central Statistics Office (KSH) said on Tuesday.

The unadjusted output rise was unchanged 2.2% from the preliminary figures released on July 8, while the adjusted output rise was revised up from a preliminary 4.2%. May output fell 0.7% from April, according to workday- and seasonally-adjusted figures. The figure was unchanged from the first reading.

January-May output rose 6.9% from the same period a year earlier. Industrial export sales volume was up 5.1% in the twelve months to May, and domestic sales increased 1.9%, according to workday-adjusted figures, KSH said. (MTI-Econews)