Slight Decrease in Industrial Production in Hungary

Central- & Eastern EuropeHungary ♦ Published: September 24, 2012; 18:19 ♦ (Vindobona)

In July, the industrial production was down by 0.3% compared to July 2011. In Austria, industrial production was up by 2.0%.

Slight Decrease in Industrial Production in Hungary / Picture: © Vindobona.org

In the first seven months of 2012, industrial production in Hungary was down by 0.3%. The transport equipment sector grew by 9.5%, the construction industry showed an increase of 7.6%, the Hungarian Central Statistical Office said. The growth was mainly due to the low output last year.

According to calculations by Statistics Austria, the working-day-adjusted production index for…