Slower Growth in Hungary’s Vehicle Sector Drags Down February Industrial Production

2023. április 17.

bne IntelliNews

Detailed data of Hungary’s industrial output shows the biggest sectors expanding in February but segments with lower weight continuing to struggle.

The Central Statistics Office (KSH) confirmed that headline industrial output fell for the second straight month in February, down 4.6% year-on-year, after edging down 0.2% in January. Output inched up a seasonally- and workday-adjusted 0.3%, and in the first two months it fell 2.4% y/y.