Hungary: Industrial output growth slows in November
According to preliminary data released by the Statistical Institute (KSH), industrial output rose a working-day adjusted 3.4% year-on-year in November, coming in below the 7.6% increase observed in October.
In month-on-month seasonally- and working-day adjusted terms, industrial production swung to a 2.1% contraction in November, after rising 1.2% in October.
Lastly, annual average growth in industrial production jumped from 5.1% in October to 5.3%.