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Financial News: Hungary Industrial Production Increases As Estimated

Hungary Industrial Production Increases As Estimated

03/12/2020 - 04:17:00 (RTTNews)

(RTTNews) - Hungary's industrial production rose in January as estimated, final data from the Hungarian Central Statistical Office showed on Thursday.

Industrial production rose a working-day adjusted 2.7 percent year-on-year in January, after a 3.6 percent decrease in December. This was in line with initial estimate.

On a non-adjusted basis, industrial production increased 2.4 percent annually in January, after a 1.2 percent fall in the preceding month, as initially estimated.

On a seasonally adjusted basis, industrial production grew 4.6 percent in January, following a 3.7 percent decrease in the prior month, as estimated.

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