In August 2020, the volume of industrial production declined in Hungary by 2.1% year-on-year, the country's Central Statistical Office (KSH) reports. The degree of fall was 34.8 percentage points lesser than the nadir of April. Based on working-day adjusted data, production dropped by 0.2%. The production decreased in the majority of the manufacturing subsections. However, […]
In July 2020, the volume of industrial production declined by 8.1% year-on-year. The degree of fall was 28.8 percentage point lesser than the nadir of April. Based on working-day adjusted data, production dropped by 7.7%. A report published this Friday by the Central Statistical Office suggests that the effects of the altered economic processes caused […]
In July 2020, the volume of industrial production in Hungary declined by 8.1% year-on-year. The degree of fall was 28.8% lesser than the nadir of April. Based on working-day adjusted data, production dropped by 7.7%. The effects of the altered economic processes, caused by the coronavirus epidemic, were still perceptible in this period, the Central […]
Since 2004, the CEE-6’s share in EU manufacturing output has more than doubled, as measured by the output of its factories, with the region overtaking Spain and the UK, and is closing in on France. Colliers International has published its latest report: COVID-19 & CEE’s Industrial Upside Europe’s Near Shore Powerhouse. CEE’s highly skilled and […]
Reduced output in March and May in the automotive sector could change the typical activity curve in 2020, with busier summer months ahead to make up for lost time. Colliers International has just launched its recent research piece ‘COVID-19 & Industrial Production – The Spring Relevance” where it discusses the importance of particular months for […]
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 […]
Industrial producer prices as a whole were 1.5% higher in October 2019 than in the same period of the previous year, Hungary’s Central Statistical Office reports this Tuesday. The development of prices was influenced by changes in world market prices of raw and base materials and by wage growth. Domestic output prices increased by 1.7% […]
