Industrial Production Drops 5 Percent
3 Articles
3 Articles
Hungary Industrial Output Contraction Confirmed at 5.0%
Industrial production in Hungary experienced a 5.0% decrease year-on-year in April 2025, as confirmed by initial estimates and consistent with market predictions. This marks a shift from the stagnant performance seen in the previous month. The decline was largely attributed to a reduction in manufacturing output, which fell by 5.2% compared to a modest 0.2% increase in March, with vehicle manufacturing significantly impacted. Additionally, minin…
Although Hungarian industry has managed to achieve monthly growth for the second month in a row, at 1.5 percent, the last time a higher figure was seen was in October last year, the overall picture is still quite dismal. Another positive development worth mentioning is that the last time a second consecutive monthly expansion was seen was in the summer of 2022. However, the overall picture is not rosy, as the annual production decline was 2.3 pe…
Industrial production drops 5 percent
The volume of industrial production lagged behind the one year earlier level by 5.0% in April 2025, based on working-day adjusted data, declined by 2.3%. Production dropped in the great majority of manufacturing subsections, at the highest rate in the manufacture of electrical equipment. According to seasonally and working-day adjusted data, industrial output was 1.5% higher than in March 2025.
Coverage Details
Bias Distribution
- There is no tracked Bias information for the sources covering this story.
To view factuality data please Upgrade to Premium