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INDUSTRIAL OUTPUT FALLS 2.1% IN AUG - 2ND READING

 

Hungarian industrial output in August declined by an annual 2.1%, the Central Statistical Office said. Based working day-adjusted data, output fell by an annual 0.2%. Month on month, output grew by 6.8% in August, according to seasonally and working day-adjusted data. Vehicle production rose by an annual 6.2%, while computer products edged up by 1.8%. Food industry output was 0.3% higher than in August last year. Export sales fell by 2.9% in August while domestic sales were 4.4% lower compared with the same month of the previous year. In the first eight months, industrial output shrank by 11%. Sales abroad were 11.6% lower, while domestic sales fell by 7.4%.