- 7 Aug 2020 8:11 AM
- Hungary Matters
Adjusted for workday effects, industrial output dropped by 12.2% in June. KSH said output of “most segments of manufacturing” fell in June.
Output of vehicle manufacturing, which has the greatest weight in the sector, “declined significantly”, but output of the computer, electronics and optical equipment segment as well as the food, drink and tobacco products segment “rose by a small degree”, it added.
In a month-on-month comparison, industrial output rose by a seasonally and workday-adjusted 17.1% in June. For the period January-June, industrial output dropped 12.8% year-on-year.