Hungary's industrial output increased by 3.5% y/y in November 2011, accelerating from a 3% y/y growth in the previous month and beating analysts expectations, preliminary data of the statistics office showed. The workday adjusted index was up by 3.5% y/y, too. Seasonally-adjusted output grew 4.2% m/m in November, following a decrease of 0.8% in October. In accumulated terms, industrial production climbed by 5.6% y/y in January to November 2011. Revised figures and detailed information on the industrial output will be published on January 13, 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