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HUNGARY INDUSTRY OUTPUT UP 5.4% YR/YR IN DEC

 

Industrial output grew by an annual 5.4% in December, the Central Statistical Office said, confirming preliminary data. Adjusted for the number of working days, output increased by 5.7%. Production volume of Hungary’s automotive industry grew by an annual 9.9% in December. The automotive industry accounts for 27% of the output of Hungary’s manufacturing sector. Output of the computer, electronics and optical equipment segment, which makes up 13% of total manufacturing sector output, jumped by 17.9% during the period.