In May 2021 the volume of industrial production exceeded by 39.1% the low base level of last year’s May, caused by coronavirus pandemic related restrictions. Based on working-day adjusted data production rose by 40.2%, the Hungarian Central Statistical Office (KSH) reports. All manufacturing subsections contributed to the significant increase. The growth in the manufacture of […]

In April, 2020 the volume of industrial production declined by 36.8% year-on-year. Based on working-day adjusted data, production fell by 36.6%. The economic effects caused by the coronavirus epidemic were significant in this period. According to data by Hungary's Central Statistical Office, the manufacture of transport equipment fell outstandingly, to one-fifth, due to the temporary […]