In July 2014 – in line with preliminary data – the volume of industrial output jumped by 12.3 percent compared to the corresponding period of 2013. Hungary’s industrial sector showed an even larger increase only in February 2011, accordingly, the current figure is a three-year record high. The excellent result has been attributable to the vehicle manufacturing and related supplier sectors, but output growth recorded in July – and in the previous months within the food industry and the electronic consumer goods manufacturing sector have also significantly contributed to the increase in industrial output volume.

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(Ministry for National Economy)