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Hungary: Industrial Production Shrinks Considerably

Published: February 14, 2013; 13:40 · (Vindobona)

In December 2012, industrial output was 7.6% lower than a year ago.

Hungary: Industrial Production Shrinks Considerably / Picture: © Flickr

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…

This article includes a total of 1167 words.

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