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Before the Coronavirus: Industrial Output up 4% in February

MTI-Hungary Today 2020.04.07.

Output of Hungary’s industrial sector rose by 4.1 percent year on year in February, up from growth of 2.4 percent in January, the Central Statistical Office (KSH) said on Tuesday.

KSH said the pace of growth slowed in the automotive segment but accelerated in the computer, electronics and optical equipment segment as well as the food, drink and tobacco segment.

Adjusted for the number of work days, industrial output increased by 1.7 percent in February.

In a month-on-month comparison, output edged up 0.2 percent, adjusted for seasonal and working-day effects.