Hungary Industrial Production Growth Slows In November

Trading 08 jan 2019 Donner votre avis

Hungary's industrial production growth slowed in November, flash data from the Hungarian Central Statistical Office showed on Tuesday.

Industrial production grew an unadjusted 4.0 percent year-on-year in November after a rise of 5.9 percent in October.

After working day adjustments, production rose by 3.5 percent in November from a 3.2 percent rise.

On a month-on-month basis, the industrial production fell 1.1 percent in November after a 2.0 percent rise in the previous month.

The manufacture of transport equipment, which carries the biggest weight on the index, grew at a similar rate to the previous month.

The manufacture of computer, electronic and optical products rose strongly in November, and production of food products, beverages and tobacco were higher than a year earlier.

The material has been provided by InstaForex Company -

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