Hungary Industrial Production Growth Slows In January

Trading 13 mar 2019 Donner votre avis

Hungary's industrial production growth slowed in January after improving in the previous month, data from the Hungarian Central Statistical Office showed on Wednesday.

Industrial production grew a non-adjusted 4.4 percent year-on-year in January, following a 5.4 percent rise in December. In November, production rose 4.0 percent.

After working day adjustments, production grew 5.0 percent in January after a 5.7 percent rise in the previous month.

Mining and quarrying grew the most by 16.4 percent in January, followed by electricity, gas, steam and air-conditioning supply and manufacturing industry with increases of 9.5 percent and 3.7 percent, respectively.

On a month-on-month basis, industrial production growth slowed to 0.6 percent in January from 2.6 percent in December.

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