July 6th, 2012

Hungary industrial output increases 1.9% in May

Hungary’s industrial output fell 0.4pc in the twelve months to May according to unadjusted data and rose 1.9pc according workday-adjusted figures in the period, the Central Statistics Office (KSH) said in a first reading on Friday.

Output rose 3.2pc from April according to seasonally and workday-adjusted data, KSH said.

Five-month output was down 0.7pc from a year earlier.

Unadjusted output fell yr/yr for the third month in a row. Adjusted output was up after a 3.1pc yr/yr decline in April.

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