According to provisional data industrial output was up 9.0% y-o-y in September:
Hungary's industrial output rose by 9.0% year on year in September, according unadjusted data, while figures adjusted for working days indicated a 11.6% growth, the Central Statistics Office (KSH) said on Friday. The growth, both adjusted and unadjusted, in August was 9.0% yr/yr.
Output went up by 10.1% yr/yr in January-September, against a 10.3% yr/yr increase in January-August, the KSH added.
According to figures adjusted seasonally and by working days, the statistics office has detected a 3.1% growth from August, versus a 2.2% m/m drop in August.
It is hard at this point ot assess the significance of this data.
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