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Hungary industrial production rebounds in April

Hungarian industrial gross output gained 10.6% on year in April, after rising 4.3% in March, preliminary data from the statistical office indicated Thursday.

After adjusting for working days, industrial output grew 8% over the same month last year, compared to 6.8% in March. On a monthly basis, industrial production volume increased, seasonally and working-day adjusted, 0.4% in April.

In March, industrial output slid 0.6% over the prior month. During the first four months of the year, industrial production stood 9.3% higher than the same period last year. (