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Hungary October Industrial Output Falls On Year

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Industrial production in Hungary decreased a working day adjusted 10.8% year-on-year in October, the Central Statistical Office reported on Tuesday, confirming preliminary estimates.

The statistical office said that industrial export sales dropped 11.3% annually in October, while industrial domestic sales were down 11.7%.

On a monthly basis, industrial production climbed a seasonally adjusted 1.8% in October, also unchanged from preliminary estimates. In the first ten months of the year, industrial output slumped 20.2% compared to a year ago.

Industrial production in Hungary decreased a working day adjusted 10.8% year-on-year in October, the Central Statistical Office reported on Tuesday, confirming preliminary estimates. (Market News Provided by RTTNews)

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