February 5th, 2010
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Industrial output up 1% in December; down 17.7% in ’09

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Hungary’s industrial output rose an unadjusted 1pc and was down a workday-adjusted 1.4pc in the twelve months to December 2009, Central Statistics Office (KSH) said in a first reading on Friday. The unadjusted rise was the first yr/yr increase since September 2008.

In a seasonally and calendar-adjusted month-on-month comparison, however, industrial output fell a sharp 5.7pc in December after a 1.3pc monthly drop in November. Output rose month-on-month both in September and October after drops in the previous two months.

Output dropped 17.7pc in 2009 after no change in 2008, the preliminary figures show.

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