Hungary: Industrial output growth accelerates in January
Industrial production rose 7.1% year-on-year in January (December: +3.6% yoy), according to a preliminary estimate. January’s result marked the sharpest expansion in six months.
On a monthly basis, industrial output increased 1.9% in seasonally-adjusted terms in January, swinging from December’s 0.1% dip. Meanwhile, the trend improved, with the annual average growth of industrial production coming in at 13.1%, from December’s 12.4%.