Hungarian first quarter production

Hungary's Central Statistical Office reports that the production of leather and leather products in Hungary in the first quarter of this year was 25.1% lower than in the same period in 2004. Hungarian leather industry companies saw their sales fall by 26.3% year-on-year in the January to March period, including a fall in sales of 20.8% on the domestic Hungarian market and 28.2% lower sales on export markets.