Hungary: Industrial output records slowest growth since January in August
Industrial output expanded 0.6% year-on-year in August (July: +10.2% yoy), according to a first estimate. August’s outturn marked the worst reading since January.
On a monthly basis, industrial production fell 2.7% in seasonally-adjusted terms in August, which was softer than July’s 0.5% fall. Meanwhile, annual average growth of industrial production was unchanged coming in at July’s 12.6% in August.