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Industrial output falls by 1.4 pc in June - KSH

August 7th, 2019

Industrial output in Hungary dropped by an annual 1.4 percent in June according to unadjusted data, the Central Statistical Office (KSH) said in a first reading of data on Wednesday. Industrial output rose by 4.1 percent according to workday-adjusted data, KSH added. In a month-on-month comparison, industrial output was down a seasonally- and workday-adjusted 1.8 percent. KSH said most segments of the manufacturing sector contributed to the decline in June. The pace of growth slowed in vehicle manufacturing and the food, beverages and tobacco products segments, while output in the computer, electronics and optical products segment decreased.


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