Hungary’s industrial production declined for the fourth consecutive month in June, as initially estimated, final data from the Hungarian Central Statistical Office showed on Wednesday.
Industrial production declined a working-day adjusted 12.2 percent year- on-year in June, following a 27.8 percent decrease in May, as initially estimated.
The effects of the economic processes caused by the [coronavirus][1] epidemic were still perceptible in this period, the agency said.
On a non-adjusted basis, industrial production decreased 7.8 percent annually in June, following a 30.9 percent fall in the preceding month, as estimated.
On a seasonally adjusted basis, industrial production rose 17.1 percent monthly in June, following a 16.1 percent increase in the prior month, in line with initial estimate.
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