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Financial News: Hungary Industrial Production Growth Eases Further

Hungary Industrial Production Growth Eases Further

05/08/2018 - 03:16:00 (RTTNews)

(RTTNews) - Hungary's industrial production growth eased for the second straight month in March, preliminary figures from the Hungarian Central Statistical Office showed Tuesday.

The volume of industrial production climbed a working-day-adjusted 1.9 percent year-over-year in March, slower than the 4.1 percent increase in February.

The measure has been rising since November 2016.

On a monthly basis, industrial production dropped a seasonally and working-day-adjusted 0.7 percent from February, when it increased by 0.6 percent.

During the first quarter, industrial output advanced 2.5 percent compared with the same period last year.

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