March 17th, 2010

Industrial output climbs unadjusted 3.4% in January

Hungary’s industrial output rose an unadjusted 3.4pc and a workday-adjusted 5.7pc in the twelve months to January, the Central Statistics Office (KSH) said in a second reading on Wednesday.

The figures were unchanged from the first reading published on March 9. In December, twelve-month industrial output rose an unadjusted 1pc, but fell an adjusted 1.2pc.

Export sales climbed an unadjusted 13.4pc and an adjusted 16.3pc. Domestic sales fell an unadjusted 12.6pc and an adjusted 10.6pc. The unadjusted drop in domestic sales accelerated from a 9.9pc decline in December, but the adjusted fall slowed from 11.3pc in the previous month.

In a month-on-month comparison, output rose a seasonally- and workday-adjusted 8.8pc as exports climbed 7.4pc and domestic sales increased 2.6pc.

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