Hungary's industrial output continued to decline as initially estimated in July, the latest figures from the Hungarian Central Statistical Office showed on Friday.
The volume of industrial production fell a working-day-adjusted 1.0 percent annually in July, slower than the 4.9 percent decrease a month ago. That was in line with the flash data published earlier. Production has been falling since April.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.