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Industrial output down 4.6 percent

Industrial output in February eased by an annual 4.6 percent, the Central Statistical Office (KSH) said on Thursday, quoting detailed data.

In a month-on-month comparison, output inched up a seasonally and workday-adjusted 0.3 percent.

Output of the automotive industry, Hungary’s biggest manufacturing sector, rose by 7.5 percent.

Export sales edged 2.0 percent lower, and domestic sales dropped 12.2 percent.

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