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Hungary: Industrial Production Shrinks Considerably
In December 2012, industrial output was 7.6% lower than a year ago.
Hungary: Industrial Production Shrinks Considerably / Picture: © Vindobona.org
This decrease mainly resulted from a further drop in demand for communication equipment and consumer electronics, as well as from a decrease in output in the manufacture of transport equipment.
The index adjusted by working days dropped by 3.4% year-on-year in December. The volume of industrial production in December – according to seasonally and working-day…
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