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.

ADVERTISEMENT

European e-commerce soars during pandemic - study Analysis

European e-commerce soars during pandemic - study

Lawmakers approve 2022 budget Parliament

Lawmakers approve 2022 budget

Duncan Graham reelected as BCCH president Appointments

Duncan Graham reelected as BCCH president

Budapest launches revamped coupon card for visitors City

Budapest launches revamped coupon card for visitors

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.