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Hungary: Industrial Production Continues to Shrink
In January 2013, industrial gross output was down by 1.4% year-on-year.
Hungary: Industrial Production Continues to Shrink / Picture: © Vindobona.org
This decrease mainly resulted from a drop in demand for communication equipment, consumer electronics and fuels, which was not offset by an output increase in the manufacture of transport equipment, either.
The index adjusted for working days was equal to the non-adjusted one. The volume of industrial production in January – according to seasonally and working-day adjusted…
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