According to the latest data by the Hungarian Central Statistical Office (KSH), in March 2017 the volume of industrial output increased by 13.4 percent year-on-year, while working-day adjusted data show growth of 10 percent. In Q1 2017, output was up by 7.8 percent year-on-year. Following a year of subdued growth, the sector’s performance in the first quarter presages a positive outlook for the year 2017.

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(Ministrry of National Economy)