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Hungary: Industrial production skyrockets

Christian Fernsby |
Industrial output skyrocketed 59.2% year-on-year in April (March: +16.2% yoy) benefiting from an extremely low base effect, according to a preliminary estimate.

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Topics: HUNGARY   

On a monthly basis, industrial output fell 3.2% in seasonally-adjusted terms in April, contrasting March’s 0.4% uptick.

Meanwhile, the trend pointed up, with the annual average variation of industrial production coming in at 2.8% in April, from March's minus 5.2% reading.

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