Automotive sector output in Hungary edges up 1.6% y/y in February
7 hours ago
Macedonia's industrial output fell by 2.2% y/y in July, reversing a 4% y/y increase a month earlier, the statistics office said on August 30.
The negative tendency in July came after the industrial output slowed down in the previous month, following strong growth of 9.2% y/y in May.
Only the utilities sector posted a growth in the seventh month of the year, of a modest 2.1%, compared to 18.7% y/y in the previous month.
The manufacturing sector dropped by 2.6% y/y in July, after growing by 2.4% y/y in the previous month.
Mining output was 3.4% lower y/y, after rising by 7.5% y/y a month before.
In the first seven months of 2017 industrial output rose by 0.7%.
|
Industrial production volume growth, % y/y |
|
|
|
|
|
|
April’17 |
May’17 |
June’17 |
July’17 |
|
TOTAL |
-1.9 |
9.2 |
4.0 |
-2.2 |
|
Main Industrial Groupings |
|
|
|
|
|
- Energy |
0.4 |
18.1 |
27 |
0.6 |
|
- Intermediate goods industries, except energy |
-1.2 |
6.8 |
-3.2 |
-5.6 |
|
- Capital goods industries |
2.8 |
23.5 |
20.7 |
-2.5 |
|
- Durable consumer goods industries |
-9.1 |
4.9 |
-26.5 |
-14.2 |
|
- Non-durable consumer goods industries |
-5.2 |
1.6 |
1.9 |
1.4 |
|
Sections |
|
|
|
|
|
- Mining and quarrying |
2.9 |
7.7 |
7.5 |
-3.4 |
|
- Manufacturing |
-2.8 |
8.8 |
2.4 |
-2.6 |
|
- Utilities |
1.2 |
13.8 |
18.7 |
2.1 |
|
Source: Statistics office |
|
Related Content
Data
Automotive sector output in Hungary edges up 1.6% y/y in February
Headline industrial output rose 1.8% in February, increasing for the first month in about a year.
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Slovak inflation eased further to 2.3% in March
Prices in the alcohol and tobacco sector increased by 19% y/y, including the 9.1% spike in tobacco prices as a result of the new consumption tax.
Polish inflation eases further to 2% y/y in March
The inflation rate landed within the National Bank of Poland’s target of 1.5%-3.5% for a second successive month
CEE falling inflation trend comes to an end
After spiking to 20-year highs thanks to the pandemic and Europe’s Russian induced energy crisis, inflation rates across the EU have tumbled in recent months. That trend has ended and CEE central banks are expected to hike rates again in 2H24.
Hungary’s CPI edges lower, but price pressures remain in service sector
Consumer prices in Hungary rose 3.6% y/y in March, but services' prices rose almost 10%.
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