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Financial News: Hungary Industrial Production Growth Rises In May

Hungary Industrial Production Growth Rises In May

07/12/2019 - 05:43:00 (RTTNews)

(RTTNews) - Hungary's industrial production growth rose in May after slowing in the previous month, data from the Hungarian Central Statistical Office showed on Friday.

Industrial production rose 6.1 percent year-on-year in May, after a 6.0 percent increase in April. In march, industrial production rose 8.0 percent.

On a non-adjusted basis, industrial production grew 8.7 percent annually in May, after a 6.0 percent rise in the previous month.

On a month-on-month basis, industrial production increased 1.4 percent in May, reversing a 1.1 percent in the preceding month.

From the January to May period, industrial production rose 6.6 percent.

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