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Output of Hungary’s industrial sector rose by an annual unadjusted 11.3% in September, the Central Statistical Office (KSH) said in a second reading of data on Monday. Adjusted for the number of working days of which there were two fewer in the base period, output increased by 11.6%, accelerating from 9.1% in the previous month, KSH said. Output of the automotive industry, Hungary’s biggest manufacturing sector, rose by an annual 31.6%, albeit from a low base hit by the semiconductor shortage, KSH said. The automotive segment accounted for 25% of manufacturing sector output in September.
The detailed data show output of the computer, electronics and optical equipment segment, accounting for 11% of manufacturing, rose by an annual 21.5%. Output of the food, drinks and tobacco segment, which made up 12% of manufacturing sector output, edged up by 1.4% as domestic sales moderated. Output in the January-September period rose by an annual 6.7%. Month on month, output went up a seasonally and working day-adjusted 1.6%.