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Hungary Industrial Production Rebounds In October

Hungary's industrial production increased in October after declining in the previous month, data from the Hungarian Central Statistical Office showed on Wednesday.

Industrial production rebounded with 5.9 percent year-on-year growth in October after a 3.4 percent decline in September. Thus the preliminary estimate was confirmed.

After working days adjustments, production rose by 3.3 percent from a year ago.

On a month-on-month basis, the industrial production rose 2.0 percent in November after a 2.1 percent fall in the previous month.

The industrial domestic sales rose 11.8 percent year-on-year and export sales grew 4.9 percent in October.

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