Hungary industrial production grows as estimated in August
Industrial production rose a working-day-adjusted 3.5 percent year-over-year in August, confirming the flash data published on October 7. This was followed by a 0.1 percent slight drop in July.
On an unadjusted basis, industrial production expanded 11.1 percent in August from a year ago.
Among sectors, manufacturing production grew 12.0 percent and mining and quarrying output jumped by 22.1 percent.
Month-on-month, industrial production climbed 1.6 percent in August, in line with preliminary report. ■