Hungary Industrial Output Declines in January

Industrial production in Hungary declined by 2.5% year-on-year in January 2026, reversing from a 1.8% rise in the previous month, according to preliminary estimates. Production volumes decreased across most manufacturing subsectors. Among the most important sectors, vehicle manufacturing and the production of food, beverages, and tobacco products dropped, while the production of computers, electronics, optical products, and electrical equipment expanded. On a seasonally and working-day adjusted monthly basis, industrial output rose by 1.5% in January, following a 1.0% increase in the previous month.

Industrial production in Hungary rose by 1.8% year-on-year in December 2025, rebounding from an upwardly revised 5.5% decline in the previous month and matching preliminary estimates. This marked the fastest growth since April 2024, as manufacturing output picked up (3.9% vs -5.8% in November), particularly in electrical equipment (12.5% vs -11.3%), other manufacturing, and repair and installation of machinery and equipment (8.3% vs -4.4%), rubber and plastics products, and other non-metallic mineral products (2.1% vs -10.1%), and computer, electronic and optical products (38% vs 6.2%). Meanwhile, output continued to decline in mining and quarrying (-18.4% vs -11.8%), and electricity, gas, steam and air conditioning supply (-20.8% vs -1.8%). On a seasonally adjusted monthly basis, industrial activity increased by 0.9% in December, rebounding from a 2% fall in November. For full-year 2025, industrial output was 3.2% lower than in the previous year.

Industrial production in Hungary grew by 1.8% year-on-year in December 2025, rebounding from a 5.4% decline in the previous month, according to preliminary estimates. This marked the first growth in industrial activity since February 2024, driven by notable increases in production volumes across most of the manufacturing sub-sectors. Among the most important sub-sectors, vehicle manufacturing and food, beverage and tobacco products expanded slightly, while computer, electronic and optical product manufacturing and electrical equipment manufacturing recorded significant growth. On a seasonally and working-day adjusted monthly basis, industrial output rose by 0.9% compared with the previous month, recovering from a 2% decrease in November. For the full year of 2025, the volume of industrial production was 3.2% lower than in 2024.