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Hungary Industry Output up 5.4 pc yr/yr in Dec

MTI-Hungary Today 2019.02.13.

Industrial output grew by an annual 5.4 percent in December, the Central Statistical Office (KSH) said on Wednesday, confirming preliminary data. Adjusted for the number of working days, output increased by 5.7 percent.

Production volume of Hungary’s automotive industry grew by an annual 9.9 percent in December.

The automotive industry accounts for 27 percent of the output of Hungary’s manufacturing sector.

Output of the computer, electronics and optical equipment segment, which makes up 13 percent of total manufacturing sector output, jumped by 17.9 percent during the period.