Hungarian industrial output in May dropped by an annual 5.2% based on unadjusted data, and by 4.9% according to working-day adjusted data, the Central Statistical Office (KSH) confirmed in its second estimate on Friday. Most manufacturing sub-sectors saw a decline, with the largest fall in electrical equipment. Output of the automotive industry, fell by 14.5% year on year. Seasonally and working day-adjusted data showed May industrial output down 1.1% compared with the previous month.