Industrial production up 3.6% year-on-year in December

0

BBJ

Friday, February 4, 2022, 3:00 p.m.

In December 2021, the volume of industrial production increased by 5.8% year-on-year based on raw data and 3.6% based on working-day data, according to data published by the Central Office. statistics (KSH).

Among the manufacturing sub-sections, production fell only in the most important weight representing one: the manufacture of transport equipment compared to December 2020. The decline was mainly caused by the fact that due to the global shortage of semiconductors, factories were working at lower capacity or on a single-shift basis.

The manufacture of computer, electronic and optical products and the manufacture of food, beverage and tobacco products have increased significantly.

Industrial production in December – according to the seasonally and working day adjusted indices – was 0.1% lower than the previous month’s level.

In 2021, the production volume increased by 9.6% compared to 2020.

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing decent journalism is an expensive business. For 27 years, the editors, editors and reporters of Budapest Business Journal have strived to bring you business news that works, information you can trust, that is factual, accurate and presented without fear or favour.

News organizations around the world are struggling to find a business model that allows them to continue to excel, without compromising their ability to perform. More recently, some have experimented with the idea of ​​involving their most important stakeholders, their readers.

We would like to offer this same opportunity to our readers. We would like to invite you to help us provide the quality business journalism you need. Hit our Support the BBJ button and you’ll be able to choose how much and how often you send us your contributions.

Share.

About Author

Comments are closed.