Budapest Business Journal
The volume of industrial production in Hungary declined in January 2024 by 3.6%, year-on-year. Based on working-day adjusted data production fell by 4.1%, the Central Statistical Office (KSH) confirmed in a second reading of data.
The volume of industrial export was 6.3% lower than a year earlier. Transport equipment export, representing a 31% weight within export sales in manufacturing fell by 9.3%, the manufacture of electrical equipment export, accounting for a 14% weight, dropped by 10.8%.
