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UPDATE 2 - Hungary jobless rate edges down to 10.7pc Oct-Dec from year earlier - KSH (adds statistical note in par 8).

Europe Intelligence Wire

| January 31, 2012 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Hungarian News Agency (MTI))

Budapest, January 31, 2012 (MTI-ECONEWS) - The average unemployment rate in Hungary was 10.7pc in the 15-74 age group in October-December, inching up from 10.6pc in September-November but falling from 10.8pc in the same period a year earlier, data published by the Central Statistics Office (KSH) on Tuesday show.

In the 15-64 age group, the jobless rate was 10.7pc in October-December, level with the rate in September-November but under the 10.9pc rate in the same period a year earlier.

The jobless rate in the 15-74 age group for the full year of 2011 fell to 10.9pc.

There were 459,000 unemployed Hungarians in the …

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