Hungary’s industrial production growth eased as initially estimated in November, final figures from the Hungarian Central Statistical Office showed Wednesday.
Industrial production advanced a working-day-adjusted 7.0 percent year-over-year in November. That was in line with the flash estimate published on January 8. In October, the rate of expansion was 12.7 percent.
On a monthly basis, industrial production dropped a seasonally and working-day-adjusted 1.4 percent in November, confirming the preliminary data, reversing a 1.7 percent rise in the preceding month.
During the first eleven months of the year, total industrial production grew 7.3 percent compared with the corresponding period last year.
The material has been provided by InstaForex Company – www.instaforex.com