Hungary’s prelim Oct output rises by 5.9pc y/y

Shoaib Ur Rehman December 6, 2018

BUDAPEST: Hungary’s unadjusted industrial output rose by an annual 5.9 percent in October following a 0.6-percent decline in September, preliminary data from the Central Statistics Office (KSH) showed on Thursday.

Analysts polled by Reuters had expected a 3.5-percent year-on-year increase in October. The KSH said growth was driven by electronics and car manufacturing, as well as higher output in the food sector.

In January-October, industrial output was 3.4 percent higher than in the same period a year earlier.

Copyright Reuters, 2018




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