Hungary: Industrial output expands at a solid rate in February
According to preliminary data released by the Hungarian Central Statistical Office (KSH) on 6 April, industrial output rose a working-day adjusted 4.1% year-on-year in February, coming in below the 6.7% increase observed in January. A breakdown by components will be released on 12 April.
In month-on-month seasonally- and working-day adjusted terms, industrial production softened from a 1.5% increase in January to 0.5% growth in February.
Lastly, annual average growth in industrial production moderated from January’s almost two-year high of 6.0% to 5.7% in February.