Hungarian Industry Shows Signs of Life in April, but Recovery Still Fragile
3 Articles
3 Articles
Regarding Hungarian industry, we can already be happy that it was “only” 2.3 percent lower in April compared to a year earlier. However, it was still able to grow compared to March, but this is not due to the government's favorite sectors, and it is questionable whether this is just a one-off.
For the second consecutive month, Hungarian industrial production exceeded the previous month's, the last time such an example was in the summer of 2022. According to the April flash report published by the Central Statistical Office on Friday morning, production was still 5 percent lower than in April last year - 2.3 percent according to the working day-adjusted indicator - compared to the previous year, but it exceeded March this year by 1.5 p…
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