Hungary Industrial Output Rebounds in June

Industrial production in Hungary accelerated to 10.1% year-on-year in June 2026, rebounding from a 0.4% decline in the previous month and marking the strongest growth since September 2022, according to preliminary estimates. Among the main subsectors, output rose in the manufacture of motor vehicles, computer, electronic and optical products, and electrical equipment. Meanwhile, production declined in food, beverages, and tobacco products. On a seasonally and working-day adjusted basis, industrial output fell 1.4%, reversing a 2.3% increase in May. In the first six months of the year, industrial production was 2.4% higher than in the corresponding period of 2025.

Industrial production in Hungary fell 0.4% year-on-year in May 2026, confirming preliminary estimates and reversing a 0.9% increase in the previous month. Manufacturing output, which accounts for 96% of total industrial production, was flat after rising 0.9% in April. Most manufacturing subsectors remained in decline, led by food, beverages and tobacco (-4.5% vs -1.6%), rubber, plastics and non-metallic mineral products (-4.9% vs -4.0%), and electrical equipment (-5.3% vs -1.5%). Meanwhile, output in electricity, gas, steam and air conditioning supply also fell (-9.6% vs 0.2%), while mining and quarrying production continued to grow, albeit at a slower pace (47.0% vs 72.1%). On a seasonally and working-day adjusted basis, industrial output rose 2.3% in May, rebounding from a 1.1% decline in April.

Industrial production in Hungary fell 0.4% year-on-year in May 2026, reversing from a 0.9% increase in the previous month and marking the weakest reading since February, according to preliminary estimates. Output declined across most manufacturing sub-sectors compared with a year earlier. Among the key industries, production decreased in electrical equipment as well as food, beverages, and tobacco products. Meanwhile, output continued to grow in vehicle manufacturing and the production of computer, electronic, and optical products. On a seasonally and working-day adjusted basis, industrial production rose 2.3% in May, recovering from a 1.1% fall in the previous month. In the first five months of 2026, industrial production was 0.7% higher than in the corresponding period a year earlier.