The industrial production in Hungary fell by 5.4% year-on-year in November 2025, deepening from a 2.7% drop in the previous month, and in line with preliminary estimates. This marked the steepest decline since August, as manufacturing output continued to fall (-5.7% vs -2.9% in October), particularly in coke and refined petroleum products (-35.6% vs -31.8%), chemicals and chemical products (-14.4% vs -13.3%), pharmaceuticals, medicinal chemical, and botanical products (-11.1% vs -6.4%), rubber and plastics products and other non-metallic mineral products (-10.3% vs -5.1%), and machinery and equipment (-16% vs 2%). Additionally, production tumbled in mining and quarrying (-11.8% vs 2%) and electricity, gas, steam and air conditioning supply (-2.1% vs 8.5%). On a seasonally adjusted monthly basis, industrial activity decreased by 2%, reversing from a 0.4% increase in October. Over the January-November period, industrial output was 3.5% lower than in the same period a year earlier. source: Hungarian Central Statistical Office

Industrial Production in Hungary decreased 5.40 percent in November of 2025 over the same month in the previous year. Industrial Production in Hungary averaged 3.88 percent from 1991 until 2025, reaching an all time high of 59.10 percent in April of 2021 and a record low of -37.00 percent in April of 2020. This page provides - Hungary Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Hungary Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on February of 2026.

Industrial Production in Hungary decreased 5.40 percent in November of 2025 over the same month in the previous year. Industrial Production in Hungary is expected to be 1.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Hungary Industrial Production is projected to trend around 3.30 percent in 2027 and 3.00 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-01-12 07:30 AM
Industrial Production YoY Prel
Nov -5.4% -2.7% -2.2% -2.0%
2026-01-15 07:30 AM
Industrial Production YoY Final
Nov -5.4% -2.7% -5.4%
2026-02-06 07:30 AM
Industrial Production YoY Prel
Dec -5.4% -2.0%

Components Last Previous Unit Reference
Manufacturing Production -5.70 -2.90 percent Nov 2025
Mining Production -11.80 2.00 percent Nov 2025

Related Last Previous Unit Reference
Changes in Inventories 617209.00 -175193.00 HUF Million Sep 2025
Industrial Production YoY -5.40 -2.70 percent Nov 2025
Industrial Production Mom -2.00 0.40 percent Nov 2025
New Orders 96.30 100.60 points Nov 2025


Hungary Industrial Production
In Hungary, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.
Actual Previous Highest Lowest Dates Unit Frequency
-5.40 -2.70 59.10 -37.00 1991 - 2025 percent Monthly
2010=100, NSA

News Stream
Hungary Industrial Output Contraction Confirmed at 5.4%
The industrial production in Hungary fell by 5.4% year-on-year in November 2025, deepening from a 2.7% drop in the previous month, and in line with preliminary estimates. This marked the steepest decline since August, as manufacturing output continued to fall (-5.7% vs -2.9% in October), particularly in coke and refined petroleum products (-35.6% vs -31.8%), chemicals and chemical products (-14.4% vs -13.3%), pharmaceuticals, medicinal chemical, and botanical products (-11.1% vs -6.4%), rubber and plastics products and other non-metallic mineral products (-10.3% vs -5.1%), and machinery and equipment (-16% vs 2%). Additionally, production tumbled in mining and quarrying (-11.8% vs 2%) and electricity, gas, steam and air conditioning supply (-2.1% vs 8.5%). On a seasonally adjusted monthly basis, industrial activity decreased by 2%, reversing from a 0.4% increase in October. Over the January-November period, industrial output was 3.5% lower than in the same period a year earlier.
2026-01-15
Hungary Industrial Output Drops 5.4% in November
Industrial production in Hungary dropped by 5.4% year-on-year in November 2025, slipping further from a 2.7% fall in October, and exceeded expectations of a 2.2% decline. Production volumes declined across the vast majority of manufacturing sub-sectors, with particularly notable decreases in vehicle and electrical equipment output. In contrast, certain sectors recorded gains, including the manufacture of computers, electronics, and optical products, as well as food, beverages, and tobacco products. On a seasonally and working-day adjusted basis, industrial output decreased 2% compared with the previous month, reversing a modest 0.4% increase in October. Over the first eleven months of the year, industrial production was 3.5% lower than in the same period last year.
2026-01-12
Hungary Industrial Output Contraction Confirmed at 2.7%
Industrial production in Hungary dropped by 2.7% year-on-year in October 2025, reversing an over one-year high of 1.3% in September, and matching preliminary estimates. Production declined sharply in the manufacturing industry, falling 2.9% from a 1.5% increase in September. Meanwhile, output rebounded for mining and quarrying (2.0% vs -5.6%), and rose at a faster pace for electricity, gas, steam supply, air conditioning increased (8.5% vs 5.2%). On a seasonally adjusted monthly basis, industrial activity rose to 0.5%, slowing from 1.3% gain in the previous month. Considering the January to October period, industrial output was 3.3% lower compared with the same period a year earlier.
2025-12-12