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.
KSH figures show that output grew by 40.2 percent, according to working day-adjusted data.
According to data released by the Central Statistics Office (KSH) on Friday, Hungary’s exports and industrial output were up in September.
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...
29 May 2017, Göd
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
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
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
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
People working in industry in Hungary accounted for 19.8 percent of the total number of employed
Hungary's industrial output has risen by an annual 11.1 percent and is predicted to rise even further over the coming months
Following a temporary slow-down in January, output in the industrial sector rose by 6.3 percent year-on-year, and thus the sector posted output growth of 3 percent in the first two months of this year. Among major industrial sectors, the largest sub-sector – manufacturing – posted output growth of 7.5 percent in February, compared to the corresponding period of the previous year.