Hungary’s Industrial Production Flat in June Despite Global Chip Shortage

2021. augusztus 09.

bne IntelliNews

Hungary’s industrial output grew 22% y/y in June, albeit from a low base, as the economy plunged 7.4%, the Central Statistics Office (KSH) said in a preliminary reading on August 6. The working-day adjusted data showed an 18.6% increase. KSH said all branches of manufacturing contributed to the increase, but growth slowed significantly in the vehicle segment, which has the largest weighting.