Hungary’s Industry Shrinks More Than Expected on Battery Woes
5 Articles
5 Articles
In May 2025, the volume of industrial production fell by 2.6% compared to a year earlier. The index adjusted for working days is the same as the unadjusted one. Based on seasonally and working day adjusted data, industrial output was 1.3% lower than in April 2025.
Hungarian industry was deeper than it is now in only two months, in February and March this year.
There Is No Stopping the Decline: According to the Latest Data, Hungarian Industry Is Also Weakening
In May, industrial production volume fell 1.3 percent from the previous month. The latest data came in at a 1.5% increase in April, almost completely neutralizing the mid-spring surge. Unfortunately, there are still no signs of sustained growth in the sector.
Production decreased both year-on-year and compared to the previous month.
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