Hungary: -9.5% production in automotive in September
Sector accounts for more than one-fourth of manufacturing
13 November, 18:10The automotive sector in Hungary accounts for more than one-fourth of the entire output of the national manufacturing sector, the portal Budapest Business Journal informed. Also the manufacture of computer, electronic and optical products, which accounts for 12% of manufacturing in Hungary, declined by 2.1% year-on-year in September, KSH said in a note.
Data from the KSH show that, in the period January-September 2018, the entire industrial production in Hungary rose however by 3.1%. The volume of export sales, which represent 64% of all sales, went up by 0.5%, while that of domestic sales grew by 6.0%, KSH said. (ANSA).