Hungarian Production Up While Czech Industrial Production Declines

Hungary Industrial Production Increases As Estimated

Hungary's industrial production rose in January as estimated, final data from the Hungarian Central Statistical Office showed on Thursday.

Industrial production rose a working-day adjusted 2.7 percent year-on-year in January, after a 3.6 percent decrease in December. This was in line with initial estimate.

On a non-adjusted basis, industrial production increased 2.4 percent annually in January, after a 1.2 percent fall in the preceding month, as initially estimated.

On a seasonally adjusted basis, industrial production grew 4.6 percent in January, following a 3.7 percent decrease in the prior month, as estimated.

Czech Industrial Production Decline Slows In January

The Czech Republic's industrial production declined at a softer pace in January, figures from the Czech Statistical Office showed on Thursday.

Industrial production fell 1.4 percent year-on-year in January, following a 3.3 percent decline in December. In November, output decreased 3.0 percent.

Manufacturing output decreased 0.6 percent annually in January.

Mining and quarrying output fell 2.9 percent and production of electricity, gas, steam and air condition declined 5.8 percent.

On a month-on-month basis, industrial production rose a seasonally adjusted 1.1 percent in January.

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