Hungary's industrial output dropped for the second consecutive month in April 2012 falling by 3.1% y/y in non-adjsuted terms, following a 1.6% drop in March, preliminary data from the statistics office showed. In workday-adjusted terms, the output also declined by 3.1%y/y. Seasonally-adjusted output decreased by 2.4% m/m, after edging up by 0.6% m/m in March 2012. In accumulated terms, industrial production contracted by 0.8% y/y in January to April 2012. Revised figures and detailed information on the industrial output will be published on June 15, 2012. |
Hungary's investment funds had aggregate assets of HUF 3.657tn (EUR 11.98bn) as of end-February 2013, up by 3.2% m/m, MTI news agency reported citing data from the association of investment funds ... more
The number of employees in Hungary's public and private sectors fell for the tenth straight month in January 2013 declining by 0.6% y/y to 2.574mn, the statistics office informed. The decline ... more
The assembly of state-owned Hungarian Electricity Works (MVM) has approved the purchase of the local gas business of German power utility E.ON, Hungary AM reported, citing local daily Magyar ... more