The Government’s active industrial policy has been bearing fruits: according to the latest report of the Hungarian Central Statistical Office (KSH), in December 2013 the volume of Hungary’s industrial output increased by 6.8 percent compared to the corresponding period of 2012. Workday-adjusted data show growth of 4.4 percent. For the whole year, industrial output was up by 1.4 percent compared to 2012, driven mainly by the vehicle manufacturing sector.

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(Ministry for National Economy)