Hungary: Industrial activity continues to grow in December
Industrial production rose 3.6% year-on-year in December (November: +2.1% yoy), according to a preliminary estimate. December’s result marked the sharpest expansion in five months.
On a monthly basis, industrial output decreased 0.1% in seasonally-adjusted terms in December, swinging from November’s 2.9% increase. Meanwhile, the trend was broadly stable, with the annual average growth of industrial production coming in at 12.3%, from November’s 12.2%.