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In Q1 2013 the picture in the Hungarian industrial market was mixed. Despite the automotive sector continued to aid industrial output and exports overall industrial output growth (y/y) remained in the negative territory in January and February, pulled back primarily by the shrinking electronics sector. Nevertheless, the m/m figures are slightly more encouraging, with January and February output up by 2.8% and 0.3% respectively. There was limited activity in both the leasing and investment markets and consequently prime rents and yields were unchanged in Q1.
Source : Cushman & Wakefield
