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Industrial output up 22 percent yr/yr in June

Industrial output in Hungary grew by an annual 22.0 percent in June, the Central Statistical Office (KSH) KSH confirmed on Wednesday.

Output grew by 18.6 percent, according to working day-adjusted data.

Month on month, output rose by 0.3 percent, based on seasonally and working day-adjusted data.

Output of Hungary’s automotive sector, which accounts for the biggest share of manufacturing in the country, increased by 13.6 percent year on year in June.

Output of the computer, electronics and optical equipment segment rose by 19.0 percent in June, while the food, drinks and tobacco segment increased by 12.7 percent.

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