Industrial output edges lower in July
Output of Hungary's industrial sector fell 1.3pc in July, a first reading of data released by the Central Statistics Office (KSH) on Friday shows.
Adjusted for the number of workdays — of which there were two more than in the base period — output was down 6.4pc.
KSH said production volume fell in the automotive segment, in the electrical equipment segment and the computer, electronics and optical equipment segment. Output of the food, drinks and tobacco segment rose.
In a month-on-month comparison, output was unchanged one a seasonally- and workday-adjusted basis.
For the period January-July, industrial output declined 3.0pc year-on-year.
KSH will release detailed data on output of industrial sector branches on September 13.
