Hungary: Industrial output, June 2008 |
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Industrial output dropped by 0.3% y/y The June industrial output figures, published this morning surprised on the downside. According to the CSO preliminary figures, both the working day adjusted and unadjusted industrial output figures showed a decline of 0.3% y/y in June. Compared to May, industrial output dropped by 1.6%. Some slowdown in the industrial performance had been expected, due to the poorer Eurozone growth prospects, as slower growth in the Euro-zone could reduce demand for
Filed under: Fundamental
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