News in Brief
KSH unveils June's industrial and construction output figures
Industrial output in Hungary fell by an annual 3.8% in June while the output of Hungary’s construction sector dropped by 3.8% year on year.
Industrial output
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News in Brief
KSH: Hungarian industrial output increased by an annual 2% in December
According to official figures, the output of the automotive industry grew by an annual 34.5%, albeit from a low base, and up from 23.7% in the previous month.
News in Brief
Hungary's industrial output grew by an annual 5.9% in October
KSH said the output of the automotive industry and the computer, electronics and optical equipment sectors showed “significant” growth.
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KSH: Hungarian industrial output grew by an annual 4% in July
Month on month, output grew by 1.1%, based on seasonally and working day-adjusted data.
News in Brief
KSH: Industrial output rose by an annual 4% in July
The growth was driven by the leading sectors in Hungary, such as vehicle manufacturing and the manufacturing computer, electronics and optical products.
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Industrial output in Hungary grew by an annual 39.1 percent in May
KSH figures show that output grew by 40.2 percent, according to working day-adjusted data.
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Hungary’s exports and industrial output were up in September
According to data released by the Central Statistics Office (KSH) on Friday, Hungary’s exports and industrial output were up in September.
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Hungary's economy is booming as IMF forecasts GDP growth, construction output is up and industrial sector expands
The International Monetary Fund has forecast Hungary’s GDP growth by 2.8% in 2019, the construction sector output rose by 23.8% in September year-on-year and the industrial sector output grew by 5.4 percent
Prime Minister
Prime Minister Viktor Orbán’s speech at the inauguration of the new Samsung factory
29 May 2017, Göd
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Hungary's automotive industry reached record highs in 2016
Hungary's foreign minister said Audi will spend the equivalent of 10 billion HUF on training 1,000 new workers who will be assigned to the production of electric powertrains. They will also invest the equivalent of 100 billion HUF in a new chassis production hall
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Hungary's economy surprises analysts after reaching 4.1 percent growth in first quarter of 2017
Mihaly Varga, minister for National Economy, said that the first-quarter figure was “exceptionally good”. He added that the government expected the economy to expand by above 4 percent this year. No analyst or bank had projected such a strong rate of growth
News in Brief
Hungary's automotive sector down by 2.5 percent
Despite this drop, Hungary’s overall industrial output was up by an annual 0.6 percent in November after a 2.1 percent decrease in October
News in Brief
Hungary's GDP growth to top four percent in 2017, forecasts say
According to the ministry for National Economy, the latest estimates predict GDP growth of 4.1 percent in 2017 and 4.3 percent for 2018