Jan 9 (Reuters) - Hungary's Industrial Output Huind=ECI Fell By an Annual 4.2% in November Based on Preliminary Unadjusted Data, Compared to Analysts Forecasts for a 4.0% Drop, the Central Statistics Office (Ksh) Said on Thursday.
In October Industrial Output Fell by 0.2%.
Adjusted for the Effect of Working Days, Output Fell By 2.9% Year-on-Year, While in Monthly Terms, It Shrank By 1.6%, the Ksh Added.
the Ksh Said Production Volume Fell in the Great Majority of the Manufacturing Subsections With Output Growing Only in Three Subsections, at the Highest Rate in the Manufacture of Coke, and Refined Petroleum Products.
In the First Eleven Months of 2024, Industrial Output Fell By 3.9% in Annual Terms.
Industrial Output Change, % | November 2024 | October 2024 | November 2023 |
Unadjusted Y/Y | -4.2 | -0.2 | -5.2 |
Adjusted Y/Y | -2.9 | -3.1 | -4.9 |
M/M | -1.6 | +2.0 | -2.1* (-2.3) |
*Revised
(Reporting by Jagoda Darlak and Antonis Pothitos in Gdansk)
((Gdansk.newsroom@Thomsonreuters.com; +48 58 769 66 00;))
