Hungary's industrial output growth accelerates to 17.6% y/y in August.

By bne IntelliNews October 7, 2010
Hungary's industrial output increased by 17.6% y/y in August, accelerating from a 9% y/y growth for the previous month, preliminary data from the statistics office (KSH) shows. On a working-day and seasonally-adjusted basis, industrial output picked up by 14.9% y/y and by 2.2% m/m in August. Although there was no detailed data on the industrial performance during the month we believe that the growth resulted on the back of strong external rather than domestic demand. On a cumulative basis, the industry was up by 10% y/y for the Jan-Aug period. The statistics office is due to publish the detailed figures on the sector on October 14.

Hungary's industrial output growth accelerates to 17.6% y/y in August.

Related Articles

Assets of Hungarys investment funds up 3.2% m/m in Feb 2013.

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

Hungary's number of employees down 0.6% y/y in Jan 2013.

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

Hungarys MVM clears deal for purchasing E.ONs local units.

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

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335