empty

08.05.202512:31:00UTC+00Hungary Industrial Output Contracts 5.4%

Hungary's industrial production decline moderated at the end of the first quarter, preliminary figures from the Hungarian Central Statistical Office showed on Thursday.

The volume of industrial production fell a working-day-adjusted 5.4 percent annually in March, though slower than the 8.0 percent fall a month ago.

Production volume decreased in the majority of manufacturing subsections compared to the same month of the previous year, the agency said.

The slowdown in decline was due to the annual growth in the manufacture of transport equipment, the manufacture of computer, electronic, and optical products, as well as the manufacture of food products, beverages, and tobacco products. On the other hand, the production of electrical equipment products decreased.

On an unadjusted basis, industrial output remained stagnant in March versus an 8.7 percent plunge in the prior month.

On a monthly basis, industrial production rebounded somewhat by 0.1 percent, following a 1.1 percent decline in the previous month.



Can't speak right now?
Ask your question in the chat.
 

Dear visitor,

Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.

If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.

Why does your IP address show your location as the USA?

  • - you are using a VPN provided by a hosting company based in the United States;
  • - your IP does not have proper WHOIS records;
  • - an error occurred in the WHOIS geolocation database.

Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.

We are sorry for any inconvenience caused by this message.