Hungary Industrial Output Hits Over 3-Year High
2026-08-13 07:37
By
Erika Ordonez
1 min. read
Industrial production in Hungary soared 10.1% year-on-year in June 2026, confirming preliminary estimates and following a 0.4% decline in May.
This marked the strongest growth since September 2022, as manufacturing output, which accounts for 96% of total industrial production, climbed 10.8% in June after stagnating in May.
Production rebounded in transport equipment (21.0% vs -0.5% in May), electrical equipment (1.8% vs -2.6%), rubber and plastic products and other non-metallic mineral products (2.8% vs -3.2%), and basic metals and fabricated metal products, except machinery and equipment (8.1% vs -3.0%), while output of computer, electronic and optical products rose faster (49.7% vs 42.1%).
Additionally, production accelerated in mining and quarrying (60.8% vs 43.7%), while electricity, gas, steam and air conditioning supply rebounded (0.3% vs -9.9%).
On a seasonally and working-day adjusted monthly basis, industrial output fell 1.4% in June, reversing a 2.7% increase in May.