Hungary Industrial Output Growth Eases in April

Industrial production in Hungary rose by 0.9% year-on-year in April 2026, slowing from a 6.7% increase in the previous month, according to preliminary estimates. he reading marked the second consecutive annual increase, although production declined across most manufacturing subsectors compared with a year earlier. Among the most important sub-sectors, output expanded in transport equipment and in computer, electronic, and optical products manufacturing. In contrast, production fell in electrical equipment as well as food, beverages, and tobacco products. On a seasonally and working-day-adjusted basis, industrial output increased by 1.1% in April, easing from a 3.1% rise in March. In the first four months of 2026, industrial production was 1.0% higher than in the corresponding period of the previous year.

Industrial production in Hungary rose 6.7% year-on-year in March 2026, matching preliminary estimates and rebounding sharply from a downwardly revised 0.9% decline in the previous month. It marked the strongest annual growth since September 2022, driven by broad-based gains across most manufacturing industries (7% vs -0.3% in February), which account for roughly 95% of total industrial output. Production mainly increased for computer, electronic and optical products (21.9% vs 24.6%) and machinery and equipment (20.3% vs 0.8%). In addition, output in mining and quarrying as well as electricity, gas, steam, and air conditioning supply rebounded by 7.5% and 2.3%, respectively, following four consecutive months of decline. On a seasonally and working-day-adjusted basis, industrial output increased by 3.1%, after a 1.8% drop in February. Over the first three months of the year, industrial activity was 1% higher than in the same period last year.

Industrial production in Hungary rose by 6.7% year-on-year in March 2026, rebounding sharply from a 1.5% decline in the previous month, according to preliminary estimates. This marked the strongest growth in over three years, since September 2022, with production volumes increasing across the vast majority of manufacturing subsectors compared to the same month a year earlier. Among the most important sub-sectors, manufacture of computer, electronic and optical products, as well as in electrical equipment and in food, beverages, and tobacco products grew significantly. Meanwhile the manufacture of transport equipment expanded slightly. On a seasonally and working-day-adjusted basis, industrial output rose by 3.1% in March, reversing a 1.8% decrease in February. Over the first quarter of 2026, industrial production was 1.0% higher than in the same period last year.