Hungary Industrial Production Growth Rises In May

Hungary’s industrial production growth rose in May after slowing in the previous month, data from the Hungarian Central Statistical Office showed on Friday.

Industrial production rose 6.1 percent year-on-year in May, after a 6.0 percent increase in April. In march, industrial production rose 8.0 percent.

On a non-adjusted basis, industrial production grew 8.7 percent annually in May, after a 6.0 percent rise in the previous month.

On a month-on-month basis, industrial production increased 1.4 percent in May, reversing a 1.1 percent in the preceding month.

From the January to May period, industrial production rose 6.6 percent.

The material has been provided by InstaForex Company –