In October 2020 the volume of industrial production grew by 0.6% year-on-year according to crude data, according to data published by the Central Statistical Office (KSH).
The number of active coronavirus cases in Hungary stands at 164,018, with 6,212 new cases and 189 new deaths registered since yesterday, according to data by government coronavirus information site koronavirus.gov.hu.
It seems that the worst days for Hungarian industry are over, analysts commenting on the September industrial output data say. However, it is still hard to predict what the yearend will bring given the latest government restrictions announced to slow down the spread of COVID-19. In the meantime, inflation dropped back to the central bank’s 3% target in October.
The volume of sales in the national retail trade network as well as in mail order and internet retailing was down by 1.9% year-on-year in October 2020, according to data published by the Central Statistical Office (KSH).
Hungarian pharmaceutical company Gedeon Richter on Thursday said it agreed to acquire the Evra brand transdermal contraceptive patch assets for outside of the United States from Janssen Pharmaceutica NV, a unit of Johnson and Johnson, for USD 263.5 million, state news wire MTI reports.