Thursday, November 09, 2006

Industrial Production September

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.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.