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Financial News: Hungary Industrial Production Growth Eases In August

Hungary Industrial Production Growth Eases In August

10/07/2019 - 06:01:00 (RTTNews)

(RTTNews) - Hungary's industrial production growth slowed in August, data from the Hungarian Central Statistical Office showed on Monday.

Industrial production rose a working day adjusted 2.7 percent year-on-year in August, after an 8.7 percent increase in July. The latest increase in production was the lowest since October last year, when it showed a similar growth.

On an unadjusted basis, industrial production grew 0.3 percent annually in August, after a 12.0 percent rise in the previous month.

On a monthly basis, industrial production fell a seasonally adjusted 1.2 percent in August, reversing a 1.7 percent growth in the preceding month.

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