Hungary’s Industrial Output Growth Exceeds EU average

BusinessEconomy ♦ Published: October 17, 2013; 16:55 ♦ (Vindobona)

In August this year, industrial performance – according to workday-adjusted data – increased by 0.9 percent in comparison to the corresponding period of 2012.

Hungary’s Industrial Output Growth Exceeds EU average / Picture: © Vindobona.org

In light of data adjusted for seasonal and workday-effects the indicator improved by 0.7 percent month-on-month.

Workday-adjusted industrial output statistics place Hungary among the top ten performers among the member states of the European Union, ahead of Germany. The Government’s measures aimed at bolstering competitiveness, investment and industrial sectors have also…