Monday 28 September 2009

DATA SNAP: Hungary Jun-Aug Jobless Rate At 13-Year High

Mon, Sep 28 2009, 07:00 GMT

DATA SNAP: Hungary Jun-Aug Jobless Rate At 13-Year High

By Veronika Gulyas

BUDAPEST (Dow Jones)--Hungary's average unemployment rate in June-August again hit a 13-year high, meeting analysts' expectations, as a result of the deep economic downturn, data published Monday showed.

The three-month moving-average rate of unemployment rose in June-August to 9.9%, from 9.7% in May-July and from 7.5% in the corresponding period a year earlier, the Central Statistics Office, or KSH, said.

The data met the forecast of three analysts polled by Dow Jones Newswires for 9.9%.

Unemployment hit a 13-year high of 9.9% in the February-April period.

Statistics office Web site:

-By Veronika Gulyas, Dow Jones Newswires; +361-267-0623;

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(END) Dow Jones Newswires

September 28, 2009 03:00 ET (07:00 GMT)

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