Industrial Growth In Hungary Gains Pace In April

  • 13 Jun 2014 9:00 AM
Industrial Growth In Hungary Gains Pace In April
Industrial output was up 10.1% year-on-year in April, according to adjusted and unadjusted data from the Central Statistics Office. The monthly data showed a 2.4% increase.

As in previous months, growth was driven mainly by soaring output in the automotive industry, up 21.6%, more particularly by the manufacture of passenger cars, which was 33% higher.

Of the 13 sub-sectors, 12 registered growth. Output in the electronics industry expanded for the second straight month, up 7.8%, after a 1.6% rise in March.

Source: Hungary Around the Clock

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